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Please calculate the expected free cash flow (FCF) for year 2024 given the following information: Income Statement 2023 E 2024 E Sales 11,388,031.20 14,804,440.56 COGS

Please calculate the expected free cash flow (FCF) for year 2024 given the following information:

Income Statement
2023 E 2024 E
Sales 11,388,031.20 14,804,440.56
COGS except depr. 7,102,598.40 8,523,118.08
Other expenses 714,603.51 778,917.83
Depreciation 138,240.00 165,888.00
Total Expenses 7,955,441.91 9,467,923.91
EBIT 3,432,589.29 5,336,516.65
Int. expense 987,681.86 967,651.27
EBT 2,444,907.43 4,368,865.38
Taxes (21%) 513,430.56 917,461.73
Net Income 1,931,476.87 3,451,403.65
Balance Sheet: Asset
2023 E 2024 E
Cash 24,336.00 31,636.80
S-T Investment 80,216.06 96,259.28
Accounts Receivable (AR) 1,448,636.00 2,028,090.40
Inventories 1,529,383.68 1,376,445.31
Total CA 3,082,571.74 3,532,431.79
Net FA 1,202,003.19 1,298,163.45
Total Assets 4,284,574.94 4,830,595.24
Balance Sheet: Liabilities & Equity
2023 E 2024 E
Accounts Payable (AP) 419,904.00 503,884.80
Notes Payable (NP) 1,460,160.00 1,898,208.00
Accruals 402,135.55 482,562.66
Total CL 2,282,199.55 2,884,655.46
Long-term debt 1,382,776.92 1,286,741.77
Common Stock 487,600.00 487,600.00
Retained Earnings 131,998.46 171,598.00
Total Equity 619,598.46 659,198.00
Total L&E 4,284,574.94 4,830,595.24

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