Test: Final Exam F2021 Question 15 of 25 This test: 34 point(s) possible This question: 2 point(s) possible Forecast KMS's free cash flow, assuming KMS's market share will increase by 0.21% per year, investment, financing, and depreciation will be adjusted accordingly, and working capital will be as given in the table 3 The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practices during your career. .... The free cash flow in 2013 will be $thousand. (Round to the nearest integer.) The free cash flow in 2014 will be $ thousand. (Round to the nearest integer.) Data table The free cash flow in 2015 will be $ thousand. (Round to the nearest integer.) The free cash flow in 2016 will be $ thousand. (Round to the nearest integer.) The free cash flow in 2017 will be $ thousand. (Round to the nearest integer.) Free Cash Flow (000) Net Income After-Tax Interest Expense Depreciation Increases in Net Working Capital Capital Expenditures 2013 $6.944 196 5,490 0 5,100 2014 $8,095 196 5,439 3,000 5,100 2015 $7,976 196 7,438 3.164 28,074 2016 $8,205 1,143 7.438 3.385 8,030 2017 $9.593 1,143 7,594 3.760 8,030 2018 $11,100 1,143 7,540 4,097 8,030 The free cash flow in 2018 will be $ thousand. (Round to the nearest integer.) Print Done