Arlington Corporation's financial statements (dollars and shares are in millions) are provided here. Balance Sheets as of December 31 2018 2017 Assets Cash and equivalents $ 13,000 $ 11,000 Accounts receivable 35,000 30,000 Inventories 31,410 27,000 Total current assets $ 79,410 $ 68,000 Net plant and equipment 51,000 47,000 Total assets $130,410 $115,000 Liabilities and Equity Accounts payable $ 10,000 $ 8,000 Accruals 7,400 6,000 Notes payable 6,000 5,350 Total current liabilities $ 23,400 $ 19,350 Long-term bonds 10,000 10,000 Total liabilities $ 29,350 $ 33,400 50,000 Common stock (4,000 shares) 50,000 MacBook PI 50,000 Ch 03: End-of-Chapter Problems - Financial Statements, Cash Flow, and Taxes Common stock (4,000 shares) 50,000 Retained earnings 47,010 35,650 Common equity $ 97,010 $ 85,650 Total liabilities and equity $130,410 $115,000 Income Statem ember 31, 2018 Sales $244,000 Operating costs excluding depreciation and amortization 200,000 EBITDA $ 44,000 Depreciation & 6,000 EBIT $ 38,000 Interest 1,100 EBT $36,900 Taxes (409) 14,760 Net income $ 22,140 Dividends pald 10,780 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 2017 and 2018? Assume that all cash is excess cash; i.e., this cash is not needed for operating purposes 2017 $ 54000 million 2018 $ 62010 million 05. End Of Chapter ODs Piddl slatements, CdS 2018 $ 62010 million b. What was Arlington's 2018 free cash flow? million c. Construct Arlington's 2018 statement of stockholders' equity. Statement of Stockholders' Equity, 2018 Common Stock Retained Earnings Total Stockholders' Equity Shares Amount Balances, 12/31/17 million $ million $ million 2018 Net Income Cash Dividends million E Addition to retained earnings million million million Balances, 12/31/18 d. What was Arlington's 2018 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 2018? Assume that its stock price at December 31, 2018 was $ 25. Round your answer to two decimal places. million