You have been provided the following actual financial information from the reformulated 2021 financial statements of Golden Ltd. and forecasts of the same figures for the 3-year period 2022 2024. 2021 A 2022 E 2023 E 2024 E Sales Revenue Operating Profit Margin (PM) Asset Turnover (ATO) 2,000,000 0.15 2 1,900,000 0.125 2 1,800,000 0.11 2 1,750,000 0.10 2 Based on this information, which of the following statements is TRUE assuming that the firm's weighted average cost of capital is 12% and the forecasted growth rate in the firm's free cash flows (FCF) after 2024 is 1%? 1. The firm's expected free cash flows (FCF) for 2024 are $150,000 and the estimated value of the firm based on the discounted FCF valuation model is $1,372,478 2. The firm's expected free cash flows (FCF) for 2024 are $200,000 and the estimated value of the firm based on the discounted FCF valuation model is $1,903,844 3. The firm's expected free cash flows (FCF) for 2024 are $176,250 and the estimated value of the firm based on the discounted FCF valuation model is $653,103 4. The firm's expected free cash flows (FCF) for 2024 are $200,000 and the estimated value of the firm based on the discounted FCF valuation model is $653,103 3