Chasse Building Supply Inc. reported net cash provided by operating activities of $256,000, capital expenditures of $124,900, cash dividends of

$33,200, and average maturities of long-term debt over the next five years of $134,300. What is Chasse’s free cash flow and cash flow adequacy ratio?

a. $97,900 and 0.73, respectively

b. $97,900 and 1.91, respectively

c. $131,100 and 0.98, respectively

d. $164,300 and 1.22, respectively