use Excel, file containing the formulas you used to solve the problems. use Word, all solutions and comments/interpretations should be typed in Word. use Word for the explanation. Il Basilico Inc. recently reported an operating income of $5.95 million, depreciation of $1.20 million, and a tax rate of 40%. The firm's expenditures on fixed assets and net working capital totaled $0.6 million. What was its free cash flow in millions