The following table shows an abbreviated income statement and balance

sheet for McDonald's Corporation for $2012.$

In $2012$ McDonald's had capital expenditures of $$3,052.$

a$.$ Calculate McDonald's free cash flow in $2012.($Enter your answer in

millions.$)$

Free cash

flow

$

million

If McDonald's was financed entirely by equity, how much more tax would the

b$.$ Company have paid? $($Assume a tax rate of $35\%$ on the revised pretax

income$)($Do not round intermediate calculations. Enter your answer in

millions rounded to the nearest whole number$)$