The following information is taken from a comparative financial statement for Success Venture Ltd. What is the free cash flow (to equity) in 2022? Hint: you can use the SoftTec example discussed in chapter 10. Make sure you consider the "changes" for appropriate items.

	2021	2022
Net Income	$1,000	$1,500
Depreciation	$200	$300
CAPEX (Capital Expenditure)	$500	$600
Net Working Capital	$150	$100
Long-term Debt	$200	$250

Question 6 options:

	$1,200.
	$1,150.
	$1,300.
	$1,250.
	$1,100.
	$1,350.
	$1,400.