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Hartzell Inc. had the following data for 2018, in millions: Net income = $600; after-tax operating income (EBIT (1-T)] = $700; and Total assets =

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Hartzell Inc. had the following data for 2018, in millions: Net income = $600; after-tax operating income (EBIT (1-T)] = $700; and Total assets = $2,000. Information for 2019 is as follows: Net income = $825; after-tax operating income (EBIT (1-T)] = $825; and Total assets = $2,500. Assume the firm had no excess cash. How much free cash flow di the firm generate during 2019? O a. $325 b. $367 OC. $257 O d. $286 O e. $397

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