Finding operating and free cash flows Consider the balance sheets and selected data from the income statement of Keith Corporation that follow a. Calculate the firm's net operating profit after taxes (NOPAT) for the year ended December 31, 2019. b. Calculate the firm's operating cash flow (OCF) for the year ended December 31, 2019. Data table c. Calculate the firm's free cash flow (FCF) for the year ended December 31, 2019. d. Interpret, compare and contrast your cash flow estimate in parts (b) and (c). COD Assets Cash a. The net operating profit after taxes is $. (Round to the nearest dollar.) Marketable securities Accounts receivable Inventories Total current assets Gross fixed assets Less: Accumulated depreciation Net fixed assets Total assets Liabilities and Stockholders' Equity Accounts payable Notes payable Accruals Total current liabilities Long-term debt Total liabilities Keith Corporation Balance Sheets 2019 December 31 $1,510 1,790 1,970 2,860 $8,130 $29,510 14,670 $14,840 $22,970 $1,610 2,760 190 $4,560 $5,020 $9,580 2018 $1,020 1,230 1,840 2,770 $6,860 $28,080 13,060 $15,020 $21,880 $1,470 2,220 330 $4,020 $5,120 $9,140 X Data table I Accounts payable $1,610 $1,470 Notes payable 2,760 2,220 Accruals 190 330 Total current liabilities $4,560 $4,020 Long-term debt $5,020 $5,120 Total liabilities $9,580 $9,140 Common stock $9,950 $9,950 Retained earnings 3,440 2,790 Total stockholders' equity $13,390 $12,740 Total liabilities and stockholders' equity $22,970 $21,880 (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Income Statement Data (2019) Depreciation expense $1,610 Earnings before interest and taxes (EBIT) 2,720 Interest expense 366 Net profits after taxes 1,860 Tax rate 21% X