Can someone please help me figure out this homework problem. Thanks!! Free Cash Flow

Bailey Corporation's financial statements (dollars and shares are in millions) are provided here.

Balance Sheets as of December 31
	2014		2013
Assets
Cash and equivalents	$ 14,000		$ 12,000
Accounts receivable	30,000		25,000
Inventories	27,075		22,000
Total current assets	$ 71,075		$ 59,000
Net plant and equipment	53,000		48,000
Total assets	$124,075		$107,000
Liabilities and Equity
Accounts payable	$ 11,000		$ 9,000
Notes payable	6,300		5,000
Accruals	7,200		7,000
Total current liabilities	$ 24,500		$ 21,000
Long-term bonds	10,000		10,000
Total debt	$ 34,500		$ 31,000
Common stock (5,000 shares)	50,000		50,000
Retained earnings	39,575		26,000
Common equity	$ 89,575		$ 76,000
Total assets	$124,075		$107,000

Income Statement for Year Ending December 31, 2014
Sales	$238,000
Operating costs excluding depreciation and amortization	190,000
EBITDA	$ 48,000
Depreciation & amortization	3,000
EBIT	$ 45,000
Interest	9,200
EBT	$ 35,800
Taxes (40%)	14,320
Net income	$ 21,480
Dividends paid	7,905

Enter your answers in millions. For example, an answer of $25,000,000,000 should be entered as 25,000.

a. What was net operating working capital for 2013 and 2014?

2013 2014 b. What was Bailey's free cash flow? c. Construct Bailey's 2014 statement of stockholder's equity. Balances, 12/31/13 2014 Net Income Cash Dividends Addition (Subtraction) to retained earnings

Balances, 12/31/14 d. What was Bailey's 2014 EVA? Assume that its after-tax cost of capital is 10%. e. What was Bailey's MVA at year-end 2014? Assume that its stock price at December 31, 2014 was $20.