1. Assume that a public corporation has 12,500,000 shares outstanding and faces a marginal tax rate of 32%. Also, assume this corporation: (a) plows-back 50% of its net income into the firm for reinvestment and (b) has Corporate Gross Income of between $90,000,000 and $100,000,000 million for the last reporting period. First, you are to create the necessary Balance Sheets and Income Statement and then calculate the annual Cash Flow from Assets (aka: CFFA or Free Cash Flows (FCF)). A constraint here, however, is that your must range between $10,000,000 and $13,000,000 annually. Second, after calculating , you are to assume that this corporation is a constant-growth perpetuity and estimate its present value (aka: intrinsic value). Said another way, you are to replicate and explain the relevant parts of the textbook, notes, and lectures associated with this question.