Question: Cellular Access, Inc., a cellular telephone service provider, reported net income of $244.4 million for the most recent fiscal year. The firm had depreciastion expenses

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

Cellular Access, Inc., a cellular telephone service provider, reported net income of $244.4 million for the most recent fiscal year. The firm had depreciastion expenses of $98.2 million, capital expenditures of $203.2 million, and no interest expenses. Net working capital increased by $10.9 million. Calculate the fres cash flow for Ceilular Access for the most recent fiscal year. The free cash flow is $ million. (Round to one decimal place.)

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