A company has EBIT of $50 million, depreciation of $6.5 million, and a 35% tax rate. It needs to spend $10 million on new fixed assets and $15 million to increase its operating current assets. It expects its accounts payable to increase by $2 million, its accruals to increase by $3 million, and its notes payable to increase by $8 million. The firms current liabilities consist of only accounts payable, accruals, and notes payable. What is its free cash flow?