Pendent Publishing recently reported $12,300 of sales, $6,300 of operating costs (other than depreciation) and $1,330 of depreciation. The company had $3,500 of bonds that carry a 5.25% interest rate, and its federal-plus- state income tax rate was 25%. During the year, the firm had expenditures on fixed assets totaling $1,700 while net operating working capital remained constant. (5 points) a. What was Pendent's EBIT? b. What was Pendent's free cash flow?