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4. Xterra, Inc. has the following: Operating Earnings $1,240,000 Shares outstanding 1,000 Depreciation $44,000 Changes in Working Capital 25,000 Other Operating Costs $34,000 Cost of

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4. Xterra, Inc. has the following: Operating Earnings $1,240,000 Shares outstanding 1,000 Depreciation $44,000 Changes in Working Capital 25,000 Other Operating Costs $34,000 Cost of equity 14% 24% Tax Rate Bonds outstanding $500,000 Coupon rate on bonds 5% Capital expenditures $100,000 1. Calculate Xterra's Free cash flow to

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