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Hartzell Inc. had the following data for 2 0 2 0 , in millions: Net income = $ 6 0 0 ; after - tax

Hartzell Inc. had the following data for 2020, in millions: Net income = $600; after-tax operating income [EBIT(1- T)]= $700; and Total assets = $2,200. Information for 2021 is as follows: Net income = $825; after-tax operating income [EBIT(1- T)]= $975; and Total assets = $2,800. Assume the firm had no excess cash. How much free cash flow did the firm generate during 2021?
a. $375 million
b. $225 million
c. $1,575 million
d. $750 million
e. $1,425 million

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