Free Cash Flows Rhodes Corporation's financial statements are shown below. Rhodes Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) 2020 2019 Sales $ 11,000 $ 10,000 Operating costs excluding depreciation 9,556 8,704 Depreciation and amortization 360 340 Earnings before interest and taxes $ 1,084 $ 956 Less interest 180 100 Pre-tax income $ 904 856 Taxes (25%) 226 214 Net income available to common stockholders $ 678 $ 642 Common dividends $ 201 $ 200 Rhodes Corporation: Balance Sheets as of December 31 (Millions of Dollars) 2020 2019 Assets Cash $ 550 $ 500 Short-term investments 220 200 Accounts receivable 2,750 2,500 Inventories 1,250 1,200 Total current assets $4,770 $4,400 Net plant and equipment 3,850 3,500 Total assets $ 8,620 $7,900Net plant and equipment 3,850 3,500 Total assets $ 8,620 $7,900 Liabilities and Equity Accounts payable $1,100 $ 1,000 Accruals 550 500 Notes payable 180 100 Total current liabilities $1,830 $ 1,600 Long-term debt 1,100 1,000 Total liabilities $2,930 2,600 Common stock 4,213 4,300 Retained earnings 1,477 1,000 Total common equity $ 5,690 $ 5,300 Total liabilities and equity $ 8,620 $ 7,900 Suppose the federal-plus-state tax corporate tax is 25%. Answer the following questions. a. What is the net operating profit after taxes (NOPAT) for 2020? Enter your answer in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000. Round your answer to the nearest whole number. $ 813 million b. What are the amounts of net operating working capital for both years? Enter your answers in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000. Round your answers to the nearest whole number. 2020: $ 2350 million 2019: $ 2200 millionb. What are the amounts of net operating working capital For both years? Enter your answers in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000. Round your answers to the nearest whole number. 2020: $ 2350 8 million 2019: $ 2200 0 million c. What are the amounts of total net operating capital for both years? Enter your answers in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000. Round your answers to the nearest whole number. 2020: $ 5200 6 million 2019: $ 54700 6 million d. What is the free cash flow for 2020? Enter your answer in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000. Cash outflow, if any, should be indicated by a minus sign. Round your answer to the nearest whole number. $ 1173 0 million e. What is the R010 for 2020? Round your answer to two decimal places. 8.50 E3 % F. How much of the FCF did Rhodes use for each of the following purposes: after-tax interest, net debt repayments, dividends, net stock repurchases, and net purchases of short-term investments? (Hint: Remember that a net use can be negative.) Enter your answers in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000. Round your answers to the nearest whole number. Attentax interest payment 135 (9 million Reduction {increase} in debt 4\" ("g minim Payment of dividends 203 (9 million 45 0 million 20 9 miilion Repurchase {Issue} stock i-i-i-i-i- Purchase {Sale} of short-term investments