Shady Sunglasses Operates Retail Sunglass Kiosks in Shopping Malls Using a Five-Year Forecast Horizon,compute the Sum of the Present

Shady Sunglasses operates retail sunglass kiosks in shopping malls.Below is information related to the company:

$\begin{array}{l}\begin{array}{lll} \text { (dollar amounts in thousands)}\\ \text { Net Cash Flow from Operations}\\ \text { Interest Expense after tax}\\ \text { Decrease (Increase) in Cash}\\ \text { Required for Operations}\\ \text { Net Cash Flow from Investing}\\ \text { Net Cash from Debt Financing}\\\\ \text { Present Value Factors }\left(\mathrm{R}_{e}=8.5 \%\right)\\\end{array}\begin{array}{lll}\underline {2012}&\underline {2013}&\underline {2014}&\underline {2015}&\underline {2016}&\underline {2017}\\ 564 & 628 & 854 & 1059 & 1345 & 1655 \\122 & 134 & 148 & 145 & 155 & 148 \\\\-75 & -54 & -48 & -32 & -61 & -48 \\-287 & -300 & -310 & -285 & -294 & -277 \\210 & 204 & 140 & 85 & -40 & -46 \\\\0.922 & 0.849 & 0.783 & 0.722 & 0.665 &\\\end{array}\end{array}$
Using a five-year forecast horizon,compute the sum of the present value of free cash flows accruing to common equity holders for years 2012 to 2016.