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show work please Calculate free cash flow for 2017 for Monarch Textiles, Inc, based on the financial information that follows. Assume that all current llabilities

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Calculate free cash flow for 2017 for Monarch Textiles, Inc, based on the financial information that follows. Assume that all current llabilities are non-interest-bearing liabilities and that no fixed assets were sold or disposed of during 2017 (Round your answer to 1 decimal places.) Monarch Textiles, Inc. $ thousands) Selected balance sheet items Income statement Current assets Net fixed assets Current liabilities 2016 330 112 215 2017 445 224 295 Sales Cost of sales Operating expenses Depreciation Interest expense Earnings before taxes TAX Net income 2017 1,190 730 115 56 50 239.00 95.60 143.40 Free cash flow

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