Intro Snowman Beverages has 200 million shares outstanding, trading at $58 per share. Selected information from its financial statements are given below (in millions of dollars). Year 2020 2021 Sales 3,021 3,601 - Operating expenses 2,115 2,521 - Depreciation 453 540 EBIT 453 540 - Interest expenses 120 145 Taxable income 333 395 - Taxes 107 126 Net income 226 269 Initial investment 740 820 Net working capital -68 28 Total debt 3,500 2,500 Part 1 Attempt 1/3 for 5 pts. What was the free cash flow to the firm (FCFF) in 2021? 1+ decimals Submit Part 2 Attempt 1/3 for 5 pts. What was the free cash flow to equity (FCFE) in 2021? 0+ decimals Submit Attempt 1/3 for 5 pts. Part 3 Sales and all expenses (including depreciation and capital expenditures) are expected to increase by 6% in 2022, while net working capital is expected to increase by 12%. What is the projected free cash flow to the firm for 2022? 0+ decimals Submit Intro Snowman Beverages has 200 million shares outstanding, trading at $58 per share. Selected information from its financial statements are given below (in millions of dollars). Year 2020 2021 Sales 3,021 3,601 - Operating expenses 2,115 2,521 - Depreciation 453 540 EBIT 453 540 - Interest expenses 120 145 Taxable income 333 395 - Taxes 107 126 Net income 226 269 Initial investment 740 820 Net working capital -68 28 Total debt 3,500 2,500 Part 1 Attempt 1/3 for 5 pts. What was the free cash flow to the firm (FCFF) in 2021? 1+ decimals Submit Part 2 Attempt 1/3 for 5 pts. What was the free cash flow to equity (FCFE) in 2021? 0+ decimals Submit Attempt 1/3 for 5 pts. Part 3 Sales and all expenses (including depreciation and capital expenditures) are expected to increase by 6% in 2022, while net working capital is expected to increase by 12%. What is the projected free cash flow to the firm for 2022? 0+ decimals Submit