Question: Below is the balance sheet for Rumble Clock Inc. for December 3 1 of 2 0 2 3 and 2 0 2 4 . 2

Below is the balance sheet for Rumble Clock Inc. for December 31 of 2023 and 2024.2023202420232024 Cash 9001,000 Accounts payable 2,7003,000 Accounts receivable 2,7003,000 Current liabilities 2,7003,000 Inventory 2,7003,000 Long-term debt 5,4006,000 Current assets 6,3007,000 Total liabilities 8,1009,000 Net fixed assets 11,70013,000 Equity 9,90011,000 Total assets 18,00020,000 Total liab. & equity 18,00020,000 The income statement for 2024 is also given: Amount Sales 48,000 Cost 26,400 Depreciation 7,200 EBIT 14,400 Interest 4,800 Taxes 2,400 Net income 7,200 What was the free cash flow in 2024? Intro
Below is the balance sheet for Rumble Clock Inc. for December 31 of 2023 and 2024.
The income statement for 2024 is also given:
Part 1
What was the free cash flow in 2024?
Below is the balance sheet for Rumble Clock Inc.

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