dlld SI Balance Sheets as of December 31 2019 2018 Assets Cash and equivalents Accounts receivable Inventories $ 15,000 35,000 33,830 $ 83,830 48,000 $131,830 $ 13,000 30,000 28,000 $ 71,000 45,000 $116,000 Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term bonds Total liabilities $ 10,500 7,100 6,000 $ 23,600 10,000 $ 33,600 60,000 38,230 $ 98,230 $131,830 $ 9,500 5,000 5,300 $ 19,800 10,000 $ 29,800 60,000 26,200 $ 86,200 $116,000 Common stock (4,000 shares) Retained earnings Common equity Total liabilities and equity Income Statement for Year Ending December 31, 2019 Sales Operating costs excluding depreciation and amortization EBITDA Depreciation & amortization $231,000 180,000 $ 51,000 8,000 $ 43,000 7,250 $ 35,750 8,937.50 EBIT Interest EBT Taxes (25%) Net income 26,812.50 Dividends paid 14,782.50 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$ 56500 million 66230 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 Shares Amount Total Stockholders' Equity $ million million $ million $ Balances, 12/31/18 2019 Net Income Cash Dividends Addition to retained earnings Balances, 12/31/19 million million million million million million $ million $ million $ 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