3. Moncton Corporation has sales of $255M, operating costs of $175M, and depreciation of $32M. It also has interest costs of $8m and its tax rate is 20%. Moncton made a net investment in operating capital of $30m during the year. If the company's share price is $17.50 and it has 12m shares outstanding, does Moncton have sufficient free cash flow to repurchase 10% of its shares