I need help solving the question in the file attached. some explanation will be highly appreciated.

Thank you

Question # 3 The income statement, comparative balance sheet, and additional information for LACONIC Corporation for 2015 appear below: Income Statement Revenues: Sales $1,400 Gain on sale of equipment 30 $1430 Expenses: CGS Advertising expense Depreciation Rent Wages Interest expense on bonds Income tax 800 50 70 40 110 14 72 1,156 $ 274 Comparative Balance Sheet Cash A/R Inv Prepaid rent Equipment Accumulated depreciation Totals 2014 $ 75 32 62 6 181 (16) $340 2015 $282 67 187 16 201 (51) $702 A/P Wages payable Income tax payable Bonds payable Common stock R/E Totals $ 15 20 60 125 100 20 $340 $105 30 68 125 100 274 $702 Other data: a. Equipment with an original cost of $70 and accumulated depreciation of $35 was sold for $65. b. Additional equipment was purchased for cash. c. No additional bonds were issued or retired during the year. d. Cash dividends were declared and paid during the year. 1 Required: a. Prepare FCF statement. b. Compute FCF using the adjustment method: c. Compute FCF CFO * CFI * with (i) Cash excluded and (ii) Cash included. What FCF NOPAT NOA is the difference between the two s NOA 2