Quantitative Problem: Rosnan Industries' 2018 and 2017 balance sheets and income statements are shown below. Balance Sheets Assets 2018 2017 Cash and equivalents $100 $85 Accounts receivable 275 300 Inventories 375 250 Total current assets $750 $635 Net plant and equipment 2,300 1,490 Total assets $3,050 $2,125 Liabilities and Equity Accounts payable $150 $85 Accruals 75 50 Notes payable 150 75 Total current liabilities $375 $210 Long-term debt 450 290 Total liabilities 825 500 Common stock 1,225 1,225 Retained earnings 1,000 400 Common equity 2,225 1,625 Total liabilities and equity $3,050 $2,125 Income Statements 2018 2017 $2,100 $1,300 1,000 1,250 Sales Operating costs excluding depreciation and amortization EBITDA Depreciation and amortization EBIT Interest $300 $850 100 75 $750 $225 EBT 62 45 Taxes (40%) Net income $688 275 $180 72 $413 $ 108 Dividends paid Addition to retained earnings $48 $53 $600 $60 Shares outstanding Price 100 100 WACC $25.00 10.00% $22.50 The balance in the firm's cash and equivalents account is needed for operations and is not considered excess" cash Using the financial statements given above, what is Rosnan's 2018 free cash flow (FCF)? Use a minus sign to indicate a negative FC Round your answer to the nearest dollar