Question 10 Given the financial data below, determine the Free Cash Flow for 2015. Income Statement (In Thousands) 2014 $14,000.00 $8,400.00 $5,600.00 2015 $15,000.00 $9.000.00 $6,000.00 Sales Operating costs EBITDA Depreciation EBIT Interest (8%) Earnings before taxes $800.00 $4,800.00 $120.00 $4,680.00 $1,872.00 $950.00 $5,050.00 $120.00 $4,930.00 $1,972.00 Taxes (40%) Net income Common dividends $2.808.00 $1,708.00 $2.958.00 $1,058.00 Balance Sheet (In Thousands) Assets: Common divide 2015 2014 Balance Sheet (In Thousands) Assets Cash and marketable securities Accounts receivable Inventories Total current assets Net fixed assets (PP&E) Total assets $420.00 $3,500.00 $4,200.00 $8,120.00 $8,000.00 $16.120.00 $450.00 $3,750.00 $4,500.00 $8,700.00 $9,500.00 $18,200.00 Total assets Liabilities and equity Accounts payable Notes payable Accruals Total current liabilities Long-term bonds Total liabilities $1,400.00 $500.00 $1,120.00 $3,020.00 $1,000.00 $1,500.00 $500.00 $1,200.00 $3,200.00 $1,000.00 Common stock (2 million shares) Retained earnings $4,020.00 $6,000.00 $6,100.00 $4,200.00 $6,000.00 $8,000.00 Total common equity Total liabilities and equity $12,100.00 $16.120.00 $14,000.00 $18.200.00 $1,840