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Shady Sunglasses operates retail sunglass kiosks in shopping malls. Below is information related to the company: (dollar amounts in thousands) 2020 2021 2022 2023 2024

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Shady Sunglasses operates retail sunglass kiosks in shopping malls. Below is information related to the company: (dollar amounts in thousands) 2020 2021 2022 2023 2024 2025 Net Cash Flow from Operations 564 628 854 1059 1345 1655 Interest Expense after tax 122 134 148 145 155148 Decrease (Increase) in Cash Required -75 for Operations -54 Net Cash Flow from Investing -287 -300 -310 -285 -294 -277 Net Cash from Debt Financing 210 204 140 8 5 -40 -46 Present Value Factors (WACC - 8.5%) 0.922 0.849 0.783 0.722 0.665 Using a five-year forecast horizon compute the sum of the present value of free cash flows accruing to all debt and common equity holders for years 2020 to 2024. $2,551.00 $2.512.23 $324.00 $14.82

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