Check My Work (3 remaining) Assume that today is December 31, 2019, and that the following information applies to Abner Airlines: - After-tax operating income [EBIT(1 - T)] for 2020 is expected to be $700 million. - The depreciation expense for 2020 is expected to be $50 million. - The capital expenditures for 2020 are expected to be $500 million. - No change is expected in net operating working capital. - The free cash flow is expected to grow at a constant rate of 6% per year. - The required return on equity is 15%. - The WACC is 9%. - The firm has $206 million of non-operating assets. - The market value of the company's debt is $2.979 billion. - 290 million shares of stock are outstanding. $