Question 1 Question 1: Assume that a public corporation has 5,400,000 shares outstanding and faces a marginal tax rate of 35%. First, you are to create the necessary Balance Sheet and Income Statement and then calculate the annual Cash Flow from Assets (aka: CFFA or Free Cash Flows (FCF)) using only (and explaining) the Cash Flow Identity. A constraint here, however, is that your CFFA must range between $22,000,000 and $27,000,000 annually. Second, after calculating CFFA via the Cash Flow Identity, you are to assume that this corporation is a constant-growth perpetuity and estimate its present value (aka: intrinsic value). Assume the market determined risk adjusted required rate of return (aka: the appropriate discount rate, WACC) is 12.125% for this corporation. Said another way, you are to replicate and explain the relevant parts of the textbook, notes, and lectures associated with CFFA and intrinsic value of the firm estimations. Teach me the concepts.