1 Corvallis Inc is a publicly traded firms with a stable retum on capital of 20% and the following estimates for after-tax operating income each year for the next three years and beyond: Last year $ $ S EBIT (1-t) in million USS S 50.00 60.00 $78.18 69.00 75.90 Expected growth in operating 3% 20% 15% 10% income forever Assuming that Corvallis has a cost of capital of 8%, estimate the value of the operating assets of the firm. A. $ 1,022 B. $1,100 C. $1,149 D. $ 1,324 E. $ 1.416