Shrives Publishing recently reported $15,250 of sales, 56,050 of operating costs other than depreciation, and $1,350 of depreciation. The company had $3,500 of bonds that carry a 6.25% interest rate, and is federal-plus-state income tax rate was 25%. During the year, the firm had expenditures on fixed assets and net operating working capital that totaled $1,550, These expenditures were necessary for it to sustain operations and generate future sales and cash flows. What was its free cash flow? Ca. $7,650.00 b. $8,787.50 Oc. $4,337.50 Od. $7,237.50 ce$5,687.50