Check my work INCOME STATEMENT OF QUICK BURGER CORP., 2019 (Figures in $ millions) Net sales $ 27,587 Costs 17,589 Depreciation 1,422 Earnings before interest and taxes (EBIT) $ 8,576 Interest expense 537 Pretax income 8,039 Federal taxes (@21%) 1,688 Net income $ 6,351 2019 2018 427 $ 3,423 3,163 $ 3,423 $ 3,590 Assets Current assets Cash and marketable securities Receivables Inventories Other current assets Total current assets Fixed assets Property, plant, and equipment Intangible assets (goodwill) Other long-term assets Total assets BALANCE SHEET OF QUICK BURGER CORP., 2019 (Figures in $ millions) 2019 2018 Liabilities and Shareholders' Equity Current liabilities $ 2,356 $ 2,356 Debt due for repayment 1,395 1,355 Accounts payable 142 137 Total current liabilities 1,109 636 $ 5,002 $ 4,484 Long-term debt $ 24,697 $22,855 Other long-term liabilities 2,824 2,673 Total liabilities 3,003 3,119 Total shareholders' equity $35,526 $33,131 Total liabilities and shareholders' equity $ 13,653 3,077 $ 20,153 15,373 $ 35,526 $12,154 2,977 $18,721 14,410 $33,131 In 2019 Quick Burger had capital expenditures of $3,069. a. Calculate Quick Burger's free cash flow in 2019. (Enter your answer in millions.) Free cash flow $ 3,125 million b. If Quick Burger was financed entirely by equity, how much more tax would the company have paid? (Assume a tax rate of 21%.) (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) Additional tax million c. What would the company's free cash flow have been if it was all-equity financed? (Enter your answer in millions.) Free cash flow