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Your firm purchases a machine for $20,000 You purchase the machine using current available cash-balances from a previous period. You have cash sales from your

Your firm purchases a machine for $20,000 You purchase the machine using current available cash-balances from a previous period. You have cash sales from your retail customers of $150,000 You have Credit (AR) sales from your retail customers of $30,000 Your Credit (AR) sales from commercial consumers are $20,000 You have cash sales from your commercial customers of $0 The cost of your overhead is $45,000 which you pay for with cash. You have variable costs of $17,000 which you pay for with credit. Your firm's tax rate is 21% Finally, you collect on past accounts receivable for $4,000 and pay off past accounts payable for $5,000 Use the following depreciation schedule Depreciation Schedule Depreciation Percentage Year 1 0.33 Year 2 0.45 Year 3 0.15 Year 4 0.07 What is the firm's Free-Cash-Flow State your answer to the nearest dollar with no dollar sign or comma (e.g. 54067)

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