Warp Tech Inc. (WTI) reported net income of $50 million in 2022 , after interest expenses of $5 million. (The corporate tax rate was 20%.) It reported depreciation of $15 million in that year, and capital spending was $15 million. The firm also had $100 million in debt outstanding on the books, and there were 50 million shares outstanding, with a book value of $200 million. WTI reinvested 25% of its NOPAT. The net working capital was $10 million in 2021 and will remain unchanged in the future. The cost of equity is 12%, and the overall cost of capital is 10%. a) Estimate the free cash flow to the firm (FCFF) in 2022. [5 points] b) Estimate the value of equity at the end of 2022, and the value per share, using the FCFF method. [5 points] c) Estimate the free cash flow to equity (FCFE) in 2022. [5 points] d) Estimate the value of equity at the end of 2022, and the value per share, using the FCFE method. [5 points]