Please show work in Excel.

If the tax rate is 21%, determine the Free Cash Flow for 2020 2019 2020 Net sales $626,032 $683,640 Cost of sales $351,384 $426,424 Total operating expenses $53,684 $61,220 Operating income $220,964 $195,996 Accounts receivable $43,720 $52,408 Inventories $3,164 $7,056 For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I U Paragraph Arial 2019 Property, plant and equipment, net $61,808 Accounts payable $84,700 Accrued expenses $45,656 Notes payable $3,492 Current portion of LT debt $3,112 2020 $66,388 $89,468 $55,424 $7,640 $3,380 14px TX % x2 X2 T ABC + EX +: HE (:) 3 O WORDS POWERED BY TINY