2. Given the following Year 12 Financial Statement data for a footwear company: Year 12 Income Statement Data Net Revenues from Footwear Sales Operating Profit (Loss) Net Profit (Loss) Balance Sheet Data Cash on Hand Total Current Assets (in 000s) $350,000 100,000 63,000 Total Assets Overdraft Loan Payable 1-Year Bank Loan Payable Current Portion of Long-term Loans Total Current Liabilities L-T Bank Loans Outstanding 10,000 70,000 313,000 5,000 10,000 17,000 48,000 90,000 Year 12 Shareholder Equity Balance Change Balance Year 11 Year 12 Common Stock Additional Capital Retained Earnings Total Shareholder Equity 162,000 +13,000 10,000 123,000 0 10,000 0 123,000 29,000 13,000 42,000 175,000 Other Financial Data Depreciation Dividend Payments 11,650 15,000 Based on the above figures, the company's "free cash flow" in Year 12 was A. $63,000 B. ($3,350) C. $59,650 D. $38,500 E. $74,650