Please show work for both questions

Netflix, Inc. is the world's leading internet television network with over 117 million streaming memberships in over 190 countries enjoying more than 140 million hours of TV shows and movies per day, including original series, documentaries and feature films. Our members can watch as much as they want, anytime, anywhere, on nearly any internet- connected screen. Members can play, pause and resume watching, all without commercials or commitments. We began our international expansion with Canada in 2010 and have since launched our service globally. 1. Use Netfix's 2017 Financial Statements to calculate the free cash flows for 2017 only Be sure to account for depreciation and amortization when calculating the free cash flows. Additionally, capital expenditures for Nethlix include plant, property and equipment as wellas content acquisition. Assume net working capitalneedswi he 2020 and maintain a con tanteo tho f109 fter 2020. The firm projects a 20% tax rate and a weighted average cost of capital of15%. What is the VALUE OF THE FIRM 12018)? Note: Use the WACC to discount CFs and the terminal value NOT (WACC-g) (25 pts) unchanged. Assume free cash flows willgrowth 20% from 2018 to 2. What is the VALUE OF THE FIRM'S EQUITY (2018)? (5 pts) per share