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The table below gives the estimated free cash flow under the 0.21% growth scenario. Using these estimates and assuming a cost of capital of 10.1%,

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The table below gives the estimated free cash flow under the 0.21% growth scenario. Using these estimates and assuming a cost of capital of 10.1%, compute the value of KMS. 2023 2022 2024 2019 2020 2021 $6.871 Year Free Cash Flow (000) Free Cash Flow of Firm Continuation Value $8.146 $8,728 -$14,378 $7,050 $9,460 $222.334 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 value of KMS is thousand. (Round to the nearest integer.)

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