Check my work 2 Problem 9-2 10 points Calculate free cash flow for 2017 for Monarch Textiles, Inc., based on the financial information that follows. Assume that all current liabilities are non-interest-bearing liabilities and that no fixed assets were sold or disposed of during 2017. (Round your answer to 1 decimal places.) eBook Income statement Print References Monarch Textiles, Inc. ($ thousands) Selected balance sheet items 2017 2016 1,610 Current assets 479 870 Net fixed assets 168 185 Current liabilities 285 84 50 421.00 168.40 252.60 2017 655 336 365 Sales Cost of sales Operating expenses Depreciation Interest expense Earnings before taxes Tax Net income Free cash flow