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Remote With Yost, Inc. Income Statement For the Year Ended December 31 ($nons) 2019 2018 Sales $ 546.9 $ 485.8 Cost of goods sold 286.3 247.3 Selling general, & administrative exp. 1862 1815 Depreciation and amortization 7.7 201 Earnings before interest and taxes (BI) $ 51.7 $ 37.9 Interest expense 7.7 80 Earnings before taxes $ 4.0 $ 29.9 Total income tax 17.6 11.9 Net income $ 264 $ 18.0 Yost, ASSETS Cash Maktable cutties Ammunts receivable Inventories Total assets Net Flued assets Total assets $ame 2019 2013 29 LIABILITIES & STOCOKOLDERS' EQUITY $ 60 $ 7.0 Amunts payable $ 138 $ 17 15 5.0 Notes payable 2 L2 2312 23 Acorud expenses 727 20 ALS 1183 Total abilities $ 162.7 $123 $ 37,6 2.1 long-term det 74 203.3 1670 Other long-term birties 136 127 $ 504 $ sen1 Total abilities $ 267 $ 157.8 Come sted 14 14 Retained emings 23 Total manequity $ 327 $ 3 Liabilities and studholdesequity $ 384 S SOLI Additional information for Remote with Yost, Inc Tax rate 40% Price per share on 17/31/19 - SAS Shares outstanding on 12/31/19=7.35 million Yield to maturity on bondson 12/31/19 -64% Yield on 10 years. Treasures on 12/31/15=2.0% Stock's beta14 Bonds outstanding on 12/31/1997,000 Bond price on 12/31/19 - of Using the financial statements and additional information for Remote With Yost, Inc., calculate free cash flow for 2019. Using the financial statements and additional information for Remote With Yost, Inc., calculate the firm's weighted average cost of capital at the end of 2019. Assume the CAPM holds and use a reasonable assumption for the market risk premium

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