Arlington Corporation's financial statements (dollars and shares are in millions) are provided here. Balance Sheets as of December 31 2016 2015 Assets Cash and equivalents 14,000 15,000 Accounts receivable 30,000 35,000 33,070 29,000 Inventories $ 83,070 Total current assets $73,000 Net plant and equipment 50,000 46,000 Total assets $133,070 $119,000 Liabilities and Equity Accounts payable $10,500 9,000 Accruals 7,100 6,000 Notes payable 6,600 5,050 $ 24,200 20,050 Total current liabilities Long-term bonds 10,000 10,000 Total liabilities 34,200 30,050 Common stock (4,000 shares) 40,000 40,000 Retained earnings 58,870 48,950 Common equity 98,870 88,950 Total liabilities and equity $133,070 $119,000 Income Statement for Year Ending December 31, 2016 Sales $225,000 180,000 Operating costs excluding depreciation and amortization $45,000 EBITDA 3,000 Depreciation & amortization 42,000 EBIT Interest 3,400 38,600 Taxes (40%) 15,440 Net income 23,160 Dividends paid 13,240 Enter your answers in millions. For example, an answer of $25,000,000,000 should be entered as 25,000. a. What was net operating working capital for 2015 and 2016? 2015 $ 50470 million 2016 $ million 47950 b. What was Arlington's 2016 free cash flow? million c. Construct Arlington's 2016 statement of stockholders' equity. Total Stockholders Common Stock Retained Earnings Equity Shares Amount Balances, 12/31/15 million million million million million 2016 Net Income Cash Dividends million Addition to retained earnings million Balances, 12/31/16 million million million million d. What was Arlington's 2016 EVA? Assume that its after-tax cost of capital is 10%. Round your answer to two decimal places. million e. What was Arlington's MVA at year-end 2016? Assume that its stock price at December 31, 2016 was $25 million