Arlington Corporation's financial statements $($dollars and shares are in millions$)$ are provided here.

Balance Sheets as of December $31$

$20212020$

Assets

Cash and equivalents $ $13,000$ $ $12,000$

Accounts receivable $30,00025,000$

Inventories $28,96021,000$

Total current assets $ $71,960$ $ $58,000$

Net plant and equipment $51,00046,000$

Total assets $$122,960$ $$104,000$

Liabilities and Equity

Accounts payable $ $11,000$ $ $8,500$

Accruals $7,8007,000$

Notes payable $6,5005,400$

Total current liabilities $ $25,300$ $ $20,900$

Long$-$term bonds $20,00020,000$

Total liabilities $ $45,300$ $ $40,900$

Common stock $(4,000$ shares$)60,00060,000$

Retained earnings $17,6603,100$

Common equity $ $77,660$ $ $63,100$

Total liabilities and equity $$122,960$ $$104,000$

Income Statement for Year Ending December $31,2021$

Sales $$199,000$

Operating costs excluding depreciation and amortization $150,000$

EBITDA $ $49,000$

Depreciation & amortization $5,000$

EBIT $ $44,000$

Interest $4,600$

EBT $ $39,400$

Taxes $(25\%)9,850\mathrm{.}00$

Net income $$29,550\mathrm{.}00$

Dividends paid $$14,990\mathrm{.}00$

Enter your answers in millions. For example, an answer of $$25,000,000,000$ should be entered as $25,000.$ Round your answers to the nearest whole number, if necessary.

What was net operating working capital for $2020$ and $2021?$ Assume that all cash is excess cash; i$.$e$.,$ this cash is not needed for operating purposes.

$2020$ $

million

$2021$ $

million

What was Arlington's $2021$ free cash flow?

$

million

Construct Arlington's $2021$ statement of stockholders' equity.

Statement of Stockholders' Equity, $2021$

Common Stock Retained

Earnings Total Stockholders'

Equity

Shares Amount

Balances, $12/31/20$

million $

million $

million $

million

$2021$ Net Income

million

Cash Dividends

million

Addition to retained earnings

million

Balances, $12/31/21$

million $

million $

million $

million

What was Arlington's $2021$ EVA? Assume that its after$-$tax cost of capital is $10\%.$ Round your answer to the nearest cent.

$

million

What was Arlington's MVA at year$-$end $2021?$ Assume that its stock price at December $31,2021$ was $$25.$ Round your answer to the nearest cent.

$

million