Question: Cellular Access, Inc., a cellular telephone service provider reported net income of $253.1 million for the most recent fiscal year. The firm had depreciation expenses

Cellular Access, Inc., a cellular telephone service provider reported net income

Cellular Access, Inc., a cellular telephone service provider reported net income of $253.1 million for the most recent fiscal year. The firm had depreciation expenses of $104.5 million, capital expenditures of $198.1 million, and no interest expenses. Net working capital increased by $9.1 million. Calculate the free cash flow for Cellular Access for the most recent fiscal year. The free cash flow is $ million. (Round to one decimal place.)

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