Question: Cellular Access, Inc., a cellular telephone service provider, reported net income of $257.2 million for the most recent fiscal year. The firm had depreciation expenses

Cellular Access, Inc., a cellular telephone service provider, reported net income of $257.2 million for the most recent fiscal year. The firm had depreciation expenses of $97.7 million, capital expenditures of $195.2 million, and no interest expenses. Net working capital increased by $9.8 million. Calculate the free cash flow for Cellular Access for the most recent fiscal year. Question content area bottom

Part 1

The free cash flow is _____million.(Round to one decimal place.)

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