Abbreviated financial statements are given for Fletcher Corporation in the following table 2010 $600.0 520.0 16.0 64.0 2011 $690.0 600.0 18.0 72.0 Revenues ating ex ses ciation Earnings before interest and taxes Less Interest Expense Less: Taxes 5.0 23.6 35.4 5.0 26.8 40.2 uals: Net income Addendum Yearend working capital Princi Capital expenditures 150 200 25.0 20 25.0 10 ayment Yearend working capital in 2009 was $160 million and the firm's marginal tax rate is 40% in both 2010 and 2011. Estimate the following for 2010 and 2011 a. Free cash flow to equity Free cash flow to the firm