Last year Martin Motors reported the following income statement:

sales of $17,000,000, 

cost of goods sold 60% of sales,

 interest expense of $2,500,000,

 preferred stock dividend of $200,000,

 common stock dividend of $1,650,000,

 depreciation of $4,000,000, and 

other administrative expense of $800,000. 

In addition, capital expenditures were $5,000,000 and net operating working capital increased by $3,200,000. The tax rate was 30%.

Find operating income for last year. What is another name for operating income?

Find free cash flow for last year.