Use the information provided in the table to calculate free cash flow for Corrections Corporation of America in Year $7.$

Income Statement & Balance Sheet

Corrections Corporation of America

$($$$000$s$)$

Year $6$

Year $7$

Revenue

$1,303,381$

$1,456,313$

Cost of Goods Sold

$947,946$

$1,036,087$

SG&A

$63,593$

$74,399$

Depreciation

$67,323$

$79,093$

EBIT

$224,519$

$266,734$

Interest Expense, Net

$59,505$

$53,468$

Pre$-$Tax Income

$165,014$

$213,266$

Income Taxes

$59,775$

$79,893$

Net Income

$105,239$

$133,373$

ASSETS

$2006$

$2007$

Cash and Cash Equivalents

$111,859$

$57,842$

Accounts Receivable

$267,557$

$282,821$

Total Current Assets

$379,416$

$340,663$

Net Property & Equipment

$1,805,052$

$2,086,219$

Goodwill & Intangibles

$66,392$

$58,858$

Total Assets

$2,250,860$

$2,485,740$

LIABILTIES & EQUITY

Accounts Payable

$164,092$

$214,441$

Current Portion of Debt

$290$

$290$

Total Current Liabilities

$164,382$

$214,731$

Long$-$Term Debt

$1,036,797$

$1,049,034$

Total Liabilities

$1,201,179$

$1,263,765$

Common Stock

$1,221$

$1,245$

Stock Additional Paid$-$in$-$Capital

$1,527,608$

$1,568,736$

Retained Earnings $($Deficit$)$

$(479,148)$

$(348,006)$

Total Owners' Equity

$1,049,681$

$1,221,975$

Total Liabilities and Owners' Equity

$2,250,860$

$2,485,740$

Round your answer to the nearest whole number.