What is the cash flow of the firm, or CF(A), for 2017? Emerson Company 2017 Income Statement Net sales 32,000.00 Cost of goods sold 22,400.00 Selling, general, and administrative expenses 1,600.00 Depreciation 1,280.00 Earnings before interest and taxes 6,720.00 Interest 640.00 Pretax income 6,080.00 Taxes 1520.00 Net income 4,560.00 Emerson Company 2016 and 2017 Balance Sheets 2016 2017 2016 2017 Cash 320 336 Accounts payable 6,241 6,394 Accounts receivable 3,006 3,422 Accrued expenses 1,880 1,645 Inventory 5,310 5,950 Total 8,121 8,039 Total 8,636 9,708 Long-term debt 17,536 20,291 Net fixed assets 32,365 34,600 Owners' equity 15,344 15,978 Total assets 41,001 44,308 Total liabilities and equity 41,001 44,308 $2,016 -$1,320 $1,570 -$970 $1,811