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Lauryn's Doll Company had EBIT last year of $ 4 1 million, which is net of a depreciation expense of $ 4 . 1 million.

Lauryn's Doll Company had EBIT last year of $41 million, which is net of a depreciation expense of $4.1 million. In addition, Lauryn's made $4 million in capital expenditures and increased net working capital by $2.0 million. Assume that Lauryn's has a reported equity beta of 1.4, a debt-to-equity ratio of 0.4, and a tax rate of 21 percent. What is Lauryn's FCF for the year?
Note: Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.
\table[[FCF,$,22.70,million]]
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