Question 16 0.13 pts Houston Pumps recently reported $205,250 of sales, $151,500 of operating costs other than depreciation, and $8,250 of depreciation. The company had $35,250 of outstanding bonds that carry a 6.75% interest rate, and its federal-plus-state income tax rate was 35%. In order to sustain its operations and thus generate future sales and cash flows, the firm was required to spend $16,150 to buy new fixed assets and to invest $7,250 in net operating working capital. What was the firm's free cash flow? O 19750 O 16663 14425 0 24688