What is free cash flow for 2011?

A. 1732

B. 2247

C. 2961

D. 3915

E. 4267

Galaxy Interiors 2011 Income Statement (S in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable Income Less: Taxes Net income 21,415 16,408 1,611 3,396 1,282 $2,114 740 $ 1,374 Galaxy Interiors 2010 and 2011 Balance Sheets ($ in millions) 2010 2011 2010 2011 $1,694 1,532 668 S 297 Accounts payable 1,611 1,527 Notes payable Cash Accounts receivable Inventory Total Net fixed assets 2,500 4,194 $1532 9,800 10,650 ,500 7,000 Retained earnings2,122 2696 $23,616 $21,878 Tot lab.&equity23616 $21,878 3,848294 Total 612 4771 Long-term debt 17489 17107 Common stock Total assets