3) What are the EBIT for these years? 4) Suppose all other operating expenses are paid by cash. What is the cash from operations in 2020? Hint: When applying the indirect method, you need to take into account the tax effect of none cash expenses, which is not considered in our class notes for simplicity. 5) Suppose the cash flow from operations each year is firstly used to fulfill the scheduled PPE investment. The rest of the cash flow is to repay the outstanding debt. What is the 2020 year-