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The following information has been extracted from the financial reports of Solaman Ltd:sweredMarked out of 4 . 0 0 EBIT$ 2 3 , 0 0

The following information has been extracted from the financial reports of Solaman Ltd:sweredMarked out of 4.00EBIT$23,000,000Flag questionDepreciation$1,200,000Interest on debt$5,000,000Capital expenditure$6,000,000Decrease in working capital$500,000New debt issues$9,000,000Debt repayments$3,000,000Corporate tax rate40%TabThe free cash flow to equity of Solaman Ltd is,

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