ABC Company had the following data for the last year (dollars in thousands): Net income = $700; EBIT = $1,200; Total assets = $3,500; and Total operating capital = $2,100. Information for the current year is as follows: Net income = $800; EBIT = $1,616; Total assets = $3,800; and Total operating capital = $2,661. The company's federal and state tax rate is 35%. How much free cash flow did the firm generate during the current year? Round your answer to the nearest dollar. (Hint: FCF=NOPAT-Net Investment in Operating Capital) O $485 O $481 O $492 O $496 O $489