Lauryn's Doll Company had EBIT last year of $51 million, which is net of a depreciation expense of $5.1 million. In addition, Lauryn's made $7.5 million in capital expenditures and increased net working capital by $4.5 million. Assume that Lauryn's has a reported equity beta of 1.6, 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. FCF million

Lauryn's Doll Company had EBIT last year of $51 million, which is net of a depreciation expense of \$5.1 million. In addition, Lauryn's made $7.5 million in capital expenditures and increased net working capital by $4.5 million. Assume that Lauryn's has a reported equity beta of 1.6 , 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