Using the below financial statements, prepare a Cash Flow Statement and generate the Free Cash Flow for the company. State whether the resulting cash flow analysis is beneficial for the company.

ARG INC Income Statement for the years ending December 31 2019 2018 2017 ($'000) ($'000) ($'000) Revenue Cost of Goods sold Profit before interest & tax Interest Earnings before tax Tax Net Income Dividends 5,200 4570 630 70 560 140 420 20 3400 2806 594 34 560 140 420 20 2600 2104 496 3 493 123 370 20 Retained profit 400 400 350 ARG Inc Balance Sheet as at December 31 2019 ($'000) 2018 ($'000) 2017 ($'000) Fixed Assets 1,600 1,200 800 Current Assets Inventory Accounts Receivable 1,450 1,400 1,000 850 600 400 2,850 1,850 1,000 Total Assets 4,450 3,050 1,800 Current Liabilities Ordinary shares Reserves 2,300 1,000 1,150 1,300 1,000 750 450 1,000 350 Total Liabilities & Owners Equity 4,450 3,050 1,800