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In 2017, Eraser Corp had Revenue of $226 million, Cost of Goods Sold of $101 million (this includes Depreciation of $47 million), Sales General and

In 2017, Eraser Corp had Revenue of $226 million, Cost of Goods Sold of $101 million (this includes Depreciation of $47 million), Sales General and Admin Expenses of $28 million, and faced a tax rate of 19%. Assume that no money was spent on Capital Expenditures or on additional Net Working Capital. According to our recipe, what should be the after-tax cash flow generated by Eraser Corp in 2017 (in millions)?

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