Question: Cellular Access, Inc., a cellular telephone service provider reported net income of $248.4 million for the most recent fiscal year. Ihe 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 $248.4 million for the most recent fiscal year. Ihe firm had depreciation expenses of $92.4 million, capital expenditures of $194.2 million, and no interest expenses. Net working capital increased by $10.5 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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