In 2019, Plumbing Corp. had $ 30 million in operating income (EBIT). The company had a net depreciation expense of $ 6 million and an interest expense of $ 4 million; its corporate income tax was 25%. The company has $ 80 million in operating current assets and $ 28 million in operating current liabilities; it has $ 90 million in net fixed assets. It estimates that it has a post-tax cost of capital of 10%.

Assuming that Plumbings only non-cash item was depreciation, please answer the ensuing questions:

1. What was the companys net income after taxes (NEAT) for the year? (5 points)
2. What was the companys Net Operating Profit After Taxes (NOPAT)? (5 points)
3. What was the companys net operating working capital (WC) and total net operating capital for the current year? (10 points)
4. If the Working Capital Ratio (WCR/sales) read 25% in 2019, what was the companys sales revenue? (10 points)
5. If total net operating capital was $ 120 million for the previous period (2018), what was the companys Free Cash Flow (FCF) in 2019? (10 points)