Question: Cellular Access, Inc., a cellular telephone service provider, reported net income of $254.2 million for the most recent fiscal year. The firm had depreciation

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

Cellular Access, Inc., a cellular telephone service provider, reported net income of $254.2 million for the most recent fiscal year. The firm had depreciation expenses of $98.2 million, capital expenditures of $203.4 million, and no interest expenses. Net working capital increased by $10.3 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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