Lauryn's Doll Company had EBIT last year of $$55$ million, which is net of a depreciation expense of $$5\mathrm{.}5$ million. In addition, Lauryn's whade $$7\mathrm{.}75$ million In capital expenditures and increased net working capital by $$2\mathrm{.}8$ million. Assume that Lauryn's has a reported equity beta of $1\mathrm{.}7,$ a debt$-$to$-$equity ratio of $0\mathrm{.}3,$ and a tax rate of $21$ percent. What Is Lauryn's FCF for the year?

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FCF

million