Quantitative Problem: Rosnan Industries' 2019 and 2018 balance sheets and income statements are shown below. Balance Sheets 2019 2018 Assets Cash and equivalents Accounts receivable $100 $85 275 300 Inventories 375 250 Total current assets Net plant and equipment Total assets $750 2,300 $3,050 $635 1,490 $2,125 Liabilities and Equity Accounts payable Accruals Notes payable $150 75 $85 50 150 75 Total current liabilities $375 450 $210 290 Long-term debt Total liabilities 825 500 Common stock 1,225 400 Retained earnings Common equity Total liabilities and equity 1,225 1,000 2,225 $3,050 1,625 $2,125 Income Statements 2019 2018 $2,105 $1,505 1,000 1,250 Sales Operating costs excluding depreciation and amortization EBITDA Depreciation and amortization EBIT $855 $505 75 100 $755 $430 46 Interest 63 $692 $384 EBT Taxes (25%) 173 96 Net income $519 $288 $54 $48 Dividends paid Addition to retained earnings $465 $240 100 100 Shares outstanding Price $22.50 $25.00 10.00% WACC 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 2019 free cash flow (FCF)? Use a minus sign to indicate a negative FCF. Round your answer to the nearest cent. $