The following table provides summary data for Applied Materials Inc. and its competitors, KLA Tencor Corporation and Lam Research Corporation. (in millions) Company assumed value Equity assumed value NORAT Net income Not nonoperating obligations (assets) Applied Materials KLA Tencor Lam Research $20,513 $26.202 $18,829 $27,143 $3.477 $1,145 $2,342 $3.313 $1,176 $2.191 $(289) $1,084 $(941) Common shares outstanding 923.8shares 159.3 shares 144.5 shares a. Compute the price to net income ratio for both KLA Tencor Corporation and Lam Research Corporation. Round answers to two decimal places, when applicable. KLA Tencor Lam Research Price to Net income ratio 16.01 12.39 b. Use KLA Tericor Corporation and Lam Research Corporation as comparables, along with the price to net income ratios from part a. and then estimate for Applied Materials its equity intrinsic value, its equity intrinsic value, and its equity intrinsic value per share. Round equity intrinsic values to the nearest million. Round equity intrinsic value per share to two decimal places. Note: Leave "Company intrinsic value" answer blank or enter zero. Applied Materials Company intrinsic value milion Equity intrinsic value S 0x million Equity intrinsic value per share $