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The following table shows an abbreviated income statement and balance sheet for McDonald's Corporation for $2012.$

INCOME STATEMENT OF MCDONALD$$S CORP., $2012$

$($Figures in $ millions$)$

Net sales $27,568$

Costs $17,570$

Depreciation $1,403$

Earnings before interest and taxes $($EBIT$)8,595$

Interest expense $518$

Pretax income $8,077$

Taxes $2,616$

Net income $5,461$

BALANCE SHEET OF MCDONALD$$S CORP., $2012$

$($Figures in $ millions$)$

Assets $20122011$ Liabilities and Shareholders' equity $20122011$

Current assets Current liabilities

Cash and marketable securities $2,3372,337$ Debt due for repayment $370$

Receivables $1,3761,336$ Accounts payable $3,4043,144$

Inventories $123118$ Total current liabilities $3,4043,514$

Other current assets $1,090617$

Total current assets $4,9264,408$

Fixed assets Long$-$term debt $13,63412,135$

Property, plant, and equipment $24,67822,836$ Other long$-$term liabilities $3,0582,958$

Intangible assets $($goodwill$)2,8052,654$ Total liabilities $20,09618,607$

Other long$-$term assets $2,9843,100$ Total shareholders$$ equity $15,29714,391$

Total assets $35,39332,998$ Total liabilities and shareholders$$ equity $35,39332,998$

In $2012$ McDonald$$s had capital expenditures of $$3,050.$

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

Free cash flow $

million

b$.$

If McDonald$$s was financed entirely by equity, how much more tax would the 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.$)$

Additional tax $

$392\mathrm{.}25$

million