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QUESTION 3 Income Statement Sales $250,000 Costs $120,000 Other $20,000 Expenses Depreciation $15,000 EBIT $95,000...

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QUESTION 3 Income Statement Sales $250,000 Costs $120,000 Other $20,000 Expenses Depreciation $15,000 EBIT $95,000 Interest $29,000 Taxable Income $66.000 Taxes $23.100 Net Income $42.900 Dividends $12,870 Retained $30,030 Earnings XYZ's most recent year-end income statement is reported above. Given that XYZ issued $2,900 in new equity during the year and $4.000 in corporate bonds. What is the free cash flow (cash flow fro assets) for the year? O a. $50,970 O b. $45,970 O c. $39,970 O d. $30,000 O e. $34,970

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