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Given the following information, calculate free cash flow to equity: Net Income: $70 Working Capital Investment: $4 Beginning gross fixed assets, $90, Ending gross fixed

Given the following information, calculate free cash flow to equity:

Net Income: $70

Working Capital Investment: $4

Beginning gross fixed assets, $90, Ending gross fixed assets, $136

Beg accumulated depreciation $30, Ending accumulated depreciation $40

Depreciation Exp:$20

Capital expenditures: $45

Net Borrowing: $0

In addition, a piece of equipment with original book value $19 was sold for $10. The equipment book value at time of sale was $2 and gain was classified as unusual.Find Free Cash Flow to Equity.

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