Shinra Electric Power Company has the following Income statement and balance sheet for 1988. The firm paid out 50% of it's Net Income as Dividends. What is the firms Cash Flow From Assets from the Free Cash Flow Perspective? (in this problem you must use the Free Cash Flow method to get CFFA, using the Investors perspective method will not give you the same answer due to the limitations of the system.)

(Round to nearest penny and do not enter commas, e.g. 1234.56)

1988 Income Statement

Revenue	210428
Costs	30910
Depreciation	16394
Ebit
Interest Expense	9615
Taxable Income
Tax Expense @ 22%
Net Income

1988 Balance Sheet

Year	1987	1988		1987	1988
Current Assets	15229	17309	Current Liabilities	14971	12833
Fixed Assets	144170	168236	Long-Term Debt	138005	159852
			Common Stock	36471	37323