Arlington Corporation's financial statements (dollars and shares are in millions) are provided her Balance Sheets as of December 31 2019 2018 Assets Cash and equivalents $ 15,000 $ 14,000 Accounts receivable 30,000 20,000 Inventories 28,090 18,000 Total current assets $ 73,090 $ 52,000 Net plant and equipment 48,000 45,000 Total assets $121,090 597,000 Liabilities and Equity Accounts payable $ 10,300 Accruals 7,900 $ 8,000 5,000 5,400 Notes payable 6,100 Total current liabilities $ 24,300 $ 18,400 Long-term bonds 10,000 10,000 Total liabilities $ 34,300 $ 28,400 Common stock (4,000 shares) 60,000 60,000 Retained earnings 26,790 8,600 Retained earnings 26,790 8,600 Common equity $ 86,790 $ 68,600 Total liabilities and equity $121,090 $97,000 Income Statement for Year Ending December 31, 2019 Sales $197,000 Operating costs excluding depreciation and amortization 150,000 EBITDA $ 47,000 Depreciation & amortization 3,000 EBIT $ 44,000 Interest 6,950 EBT $ 37,050 Taxes (25%) 9,262.50 Net income 27,787.50 Dividends paid 9,597.50 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. a. What was net operating working capital for 2018 and 2019? Assume that all cash is excess cash; i.e., this cash is not needed for operating purposes. 2018 $ million 2019 $ million b. What was Arlington's 2019 free cash flow? million C. Construct Arlington's 2019 statement of stockholders' equity. Statement of Stockholders' Equity, 2019 Common Stock Retained Earnings Amount million $ million $ Total Stockholders' Equity Shares Balances, 12/31/18 $ million million million 2019 Net Income Cash Dividends million million Addition to retained earnings Balances, 12/31/19 million $ million $ million $ million d. What was Arlington's 2019 EVA? Assume that its after-tax cost of capital is 10%. Round your answer to the nearest cent. million e. What was Arlington's MVA at year-end 2019? Assume that its stock price at December 31, 2019 was $25. Round your answer to the nearest cent. million