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	179537
Costs	14906
Depreciation	17884
Ebit
Interest Expense	5830
Taxable Income
Tax Expense @ 22%
Net Income

1988 Balance Sheet

Year	1987	1988		1987	1988
Current Assets	18472	15993	Current Liabilities	13805	15675
Fixed Assets	141016	166836	Long-Term Debt	138481	148695
			Common Stock	39402	33323