: Given the information below in Table 2, what is the companys Free Cash Flow in Year n? (This question is worth 3 points.)

Year n Year n-1 Short-term investments - 100 Interest 250 100 Depreciation and amortization 350 700 Common dividends 500 500 Cash 550 500 Accruals 550 500 Notes payable 2,000 200 Accounts payable 1,100 1,000 Long-term debt 2,500 1,000 Inventories 1,650 1,500 Accounts receivable 2,750 2,500 Common stock 5,000 4,000 Operating costs excluding depreciation 12,000 9,500 Sales 20,000 12,500 Tax rate 40% 40% Net plant and equipment 4,000 4,200