QUESTION 13 Lauryn's Doll Co. had EBIT last year of $52 million, which is net of a depreciation expense of $5.2 million. In addition, Lauryn's made $5.75 million in capital expenditures and increased net working capital by $3.2 million. Assume that Lauryn's has a reported equity beta of 1.7, a debt-to-equity ratio of 0.7, and a tax rate of 20 percent. What is Lauryn's FCF for the year? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) Free Cash Flow: $ (million)