East Coast Yachts is a small manufacturer of costumed yachts on the east coast. East Coast Yachts recently hired Dan Erwin to assist the company with short-term financial planning and also to evaluate the company's financial performance. Dan graduated from college five years ago with a finance degree, and he has been employed in the treasury department of a Fortune 500 company since then.The company's past growth has been somewhat hectic, in part due to poor planning. Larissa, the company's president, has asked Dan to analyze the company's cash flows. An outside auditor prepares the company's financial statements. You will find the most recent income statement and the balance sheets for the last two years on the next page (See PDF file). Larissa has also provided the following information: During the year, the company raised $40 million in new long-term debt and retired $22.8 million in long-term debt. The company also sold $30 million in new stock and repurchased $36 million. The company purchased $60 million in fixed assets and sold $6,786,000 in fixed assets.Larissa has asked Dan to prepare the Statement of Cash Flows and calculate the free cash flow, including the NOPAT and the Net Investment. Please, provide a brief analysis of the company's performance for the year under analysis.Please show the reconciliation to see if the change in cash from the statement is the same as the one in the balance sheet. show the calculation of the free cash flow (FCF). Please can you show work in excel,