Quantitative Problem: Rosnan Industries' 2019 and 2018 balance sheets and income statements are sho Balance Sheets 2019 2018 $100 $85 275 300 375 250 $750 2,300 $3,050 $635 1,490 $2,125 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 $150 $85 50 75 150 75 $375 $210 290 450 825 500 1,225 1,000 2,225 $3,050 1,225 400 1,625 $2,125 Income Statements 2019 2018 Sales $2,045 1,250 $1,485 1,000 Operating costs excluding depreciation and amortization EBITDA Depreciation and amortization EBIT $795 $485 100 75 $410 Interest $695 63 46 $632 $364 EBT Taxes (25%) Net income 158 91 $474 $273 Dividends paid Addition to retained earnings $48 $54 $420 $225 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 2019 free cash flow (FCF)? Use a minus sign to indicate a negative FCF. Round your answer to the nearest cent