Company A is expected to have cash flow from operations of $500000 in the coming year.

Depreciation for the year will be $100000. The firm's corporate tax rate is 30%.

It is expected that $200000 of operating cash flow will be invested in new fixed assets.

Cash flows are expected to grow at 6% per year.

The appropriate market capitalization rate is 15% per year.

The firm has $1000000 in outstanding debt.

What is projected free cash flow to equity of Company A for the coming year?