Quantitative Problem: Rosnan Industries 2018 and 2017 balance sheets and income statements are shown below. Balance Sheets 2018 $100 275 375 $750 2,300 $3,050 2017 $85 300 250 $635 1,490 $2,125 $85 Assets Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Common equity Total liabilities and equity 50 75 $150 75 150 $375 450 825 1,225 1,000 2,225 $3,050 $210 290 500 1,225 400 1,625 $2,125 Income Statements 2018 2017 $3,100 1,250 $1,600 1,000 Sales Operating costs excluding depreciation and amortization EBITDA Depreciation and amortization EBIT $600 $1,850 100 $1,750 $525 Interest EBT Taxes (40%) Net income $1,688 675 $1,013 $480 192 $288 Dividends paid Addition to retained earnings $53 $600 $48 $240 Shares outstanding Price WACC 100 $25.00 10.00% 100 $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 FCF. Round your answer to the nearest dollar. $ 30