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 $ $15,000$ $ $13,000$

Accounts receivable $30,00025,000$

Inventories $28,36521,000$

Total current assets $ $73,365$ $ $59,000$

Net plant and equipment $52,00048,000$

Total assets $$125,365$ $$107,000$

Liabilities and Equity

Accounts payable $ $10,600$ $ $9,000$

Accruals $7,0005,000$

Notes payable $6,3005,300$

Total current liabilities $ $23,900$ $ $19,300$

Long$-$term bonds $15,00015,000$

Total liabilities $ $38,900$ $ $34,300$

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

Retained earnings $26,46512,700$

Common equity $ $86,465$ $ $72,700$

Total liabilities and equity $$125,365$ $$107,000$

Income Statement for Year Ending December $31,2021$

Sales $$240,000$

Operating costs excluding depreciation and amortization $190,000$

EBITDA $ $50,000$

Depreciation & amortization $7,000$

EBIT $ $43,000$

Interest $6,600$

EBT $ $36,400$

Taxes $(25\%)9,100\mathrm{.}00$

Net income $$27,300\mathrm{.}00$

Dividends paid $$13,535\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