Given the financial statement data below, 1) 5 points - prepare an income statement and calculate free cash flow in 2019 by following the standard approach: EBIT(1-1) +Depreciation -CapEx change in NWC =Free Cash Flow Note: NWC increased by 10% in 2019 vs. 2018 2) 5 points - calculate the WACC of the company 3) 5 points - calculate Enterprise value (present value of all future cash flows) Extra credit: 5 points - calculate growth rate g at which the current price per share is equal to your estimated value per share (hint: use Solver function) 15 points (5 points each question) $millions (except per share) Accounts payable Capex COGS Depreciation Net working capital Sales SG&A Total cash Total debt 2019 23,159 2,150 51,019 1,951 13,019 74,687 11,657 11,700 20,500 10-yr Treasury note 10-yr. Corporate BBB rated bond 1-yr-Treasury note Equity beta Expected growth rate of future cash flows Market risk premium Number of shares (millions) Current price per share Risk premium on company's debt Tax rate 2.30% 4.20% 1.55% 1.15 2.10% 5.00% 900 85.00 2.50% 24.00% $