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What is the free cash flow for the following firm: $17,000 sales, $1,000 cost of goods sold, $1,000 administrative expenses, $2,000 depreciation expense, $3,000 interest

What is the free cash flow for the following firm: $17,000 sales, $1,000 cost of goods sold, $1,000 administrative expenses, $2,000 depreciation expense, $3,000 interest expense, no changes in working capital, capital expenditures of 3,000, dividends of $5,000, and a tax rate of 28%? Hint: make sure to calculate net income correctly; e.g. which items do you need (and which don't you need) when calculating net income? Assume that any items (e.g. non-operating income) that are not mentioned are zero. (answer in dollars, no decimal places needed)

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