Assume that you have been asked to estimate the free cash flow to the firm for the most recent year for Invia Systems Inc and have collected the following information The imported cars before intende m o 450 V S 1600 million Depreciation and mortation charges amounted to $ 100 million and capital expenditures were 5200 Invis spent million in the most recent year o cach and development in and following R&D expenditures of $ 45 milion year s 60 mily on d o m ol years the three years. You believe that each expendere amortable life of 3 years. The working capital toms for the most recent year and the pow e r are reported below Most Rece S 120ml Smile S 160 million Accounts Rock Accountable Shum dhe $ 170 million The tax rate for the firm is 40 a. Estimate the value of the research asst of the form b. Estimate the operating income adjusted for R&D expenditures c. Why do we need to adjust the operating income for R&D expenditures! Estimate the transporting income adjusted for R&D expenditures Estimate the free cash flow to the firm in the most recent year Assume that you have been asked to estimate the free cash flow to the firm for the most recent year for Invia Systems Inc and have collected the following information The imported cars before intende m o 450 V S 1600 million Depreciation and mortation charges amounted to $ 100 million and capital expenditures were 5200 Invis spent million in the most recent year o cach and development in and following R&D expenditures of $ 45 milion year s 60 mily on d o m ol years the three years. You believe that each expendere amortable life of 3 years. The working capital toms for the most recent year and the pow e r are reported below Most Rece S 120ml Smile S 160 million Accounts Rock Accountable Shum dhe $ 170 million The tax rate for the firm is 40 a. Estimate the value of the research asst of the form b. Estimate the operating income adjusted for R&D expenditures c. Why do we need to adjust the operating income for R&D expenditures! Estimate the transporting income adjusted for R&D expenditures Estimate the free cash flow to the firm in the most recent year