Assuming the time is now Jan 01, 2001. You have the following financial information on Boston Electronics. The estimated cost of capital is 10%. 2001 2002 2003 2004 Boston Electronics Projected income statements (S million) Year 2000 Sales 587.1 Cost of goods sold 358.1 Selling and admin 64.6 Depreciation 88.1 EBIT 76.3 Taxes 25.9 Interest Net income 50.4 610.2 378.3 67.1 91.5 73.2 24.9 0 650.0 409.5 71.5 97.5 689.0 434.1 75.8 103.4 75.8 25.8 0 50.0 730.3 460.1 80.3 109.6 80.3 27.3 0 53.0 71.5 24.3 0 0 48.3 47.2 Projected balance sheets (S million) Assets Accts receivable 58.7 Inventory 17.9 Property, plant, equip. 411.0 Total assets 487.6 Liabs and equity Accts payable 48.9 Equity 438.7 Total liabs and equity 487.6 61.0 18.9 427.1 507.1 65.0 205 455.0 540.5 68.9 21.7 482.3 572.9 73.0 23.0 511.2 607.3 50.9 456.2 542 4863 57.4 515.5 572.9 60.9 546.4 607.3 507.1 540.5 5 points Question 14. What is BE's projected net operating cashflow for 2004 ($ million)? * 80.3 53.0 189.9