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A firm has EBIT of $4.63 per share and depreciation per share of $1.8. Its tax rate is 22.3%. They have spent $1.61 per share

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A firm has EBIT of $4.63 per share and depreciation per share of $1.8. Its tax rate is 22.3%. They have spent $1.61 per share on new capital projects (CAPEX), and they also spent $1.08 on net investment in new inventory. What is their free cash flow to the firm (FCFF)? State you answer as a dollar amount with two decimal places

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