Beckham Broadcasting Company (BBC) has operating income (EBIT) of $2,500,000. The company's depreciation expense is $500,000 and it has no amortization expense. The company is 100 percent equity financed (that is, its interest expense is zero) The company has a 40 percent tax rate, and its net investment in operating capital is $1,000,000 a What is BBC's net income? bWhat is BBC's net operating profit after taxes (NOPAT) c. What is BBC's free cash flow? Beckham Broadcasting Company (BBC) has operating income (EBIT) of $2,500,000. The company's depreciation expense is $500,000 and it has no amortization expense. The company is 100 percent equity financed (that is, its interest expense is zero) The company has a 40 percent tax rate, and its net investment in operating capital is $1,000,000 a What is BBC's net income? bWhat is BBC's net operating profit after taxes (NOPAT) c. What is BBC's free cash flow