Calculate the CFFA based on the following information:

• Current Assets
• Change of Net Working Capital (NWC) = 600
• Fixed Assets and Depreciation
• Change of Net Capital Spending (NCS) = 900
• Depreciation Expense = 600
• Income Statement
• EBIT = 3,600; Taxes = 500
• Interest Expense = 350; Dividends = 500

[Hint: CFFA = OCF - change of NWC - Net Capital Spending]

Group of answer choices

2000

1200

2200

1400

1800

1600