d. What was Arlington's 2019 EVA? Assume that its after-tax cost of capital is 10%. Round your answer to the nearest cent. million e. What was Arlington's MVA at year-end 2019? Assume that its stock price at December 31, 2019 was $25. Round your answer to the nearest cent. million Arlington Corporation's financial statements (dollars and shares are in millions) are provided here. Balance Sheets as of December 31 2019 2018 Assets Cash and equivalents $ 15,000 $ 11,000 Accounts receivable 35,000 30,000 Inventories 31,345 27,000 Total current assets $ 81,345 $ 68,000 Net plant and equipment 49,000 48,000 Total assets $130,345 $116,000 Liabilities and Equity Accounts payable $ 10,300 $ 9,500 Accruals 7,900 6,000 Notes payable 6,300 5,000 Total current liabilities 24,500 $ 20,500 Long-term bonds 15,000 15,000 Total liabilities $ 39,500 $ 35,500 Common stock (4,000 shares) 60,000 60,000 Retained earnings 30,845 20,500 Common equity $ 90,845 $ 80,500 Total liabilities and equity $130,345 $116,000 Income Statement for Year Ending December 31, 2019 Sales Operating costs excluding depreciation and amortization EBITDA Depreciation & amortization EBIT Interest EBT Taxes (25%) Net income Dividends paid $193,000 150,000 $ 43,000 5,000 $ 38,000 700 $ 37,300 9,325.00 $ 27,975.00 17,630.00 Enter your answers in millions. For example, an answer of $25,000,000,000 should be entered as 25,000. Round your answers to the nearest whole number, if necessary. a. What was net operating working capital for 2018 and 2019? Assume that all cash is excess cash; i.e., this cash is not needed for operating purposes. 2018$ 2019$ million million b. What was Arlington's 2019 free cash flow? million c. Construct Arlington's 2019 statement of stockholders' equity. Statement of Stockholders' Equity, 2019 Common Stock Retained Earnings Total Stockholders' Equity Shares Amount Balances, 12/31/18 million million 2019 Net Income Cash Dividends Addition to retained earnings Balances, 12/31/19 million million $ $ million million million million million million million