If the WACC of Ice Ice Corp is 12.4%, what is the EVA for Ice Ice Corp in 2020?

• $746M
• $1,095M
• $1,027M
• $1,416M

Ice Ice Corporation Balance Sheet (in millions) 2020 2019 2020 2019 861 549 Current Assets Cash Accounts Receivable Inventory Total Current Liabilities Accounts Payable Notes Payable Total 830 458 402 688 1,548 493 991 2,345 520 701 1,221 1,379 Long-Term Debt Total Liabilities 6,140 7,519 5,822 7,312 Fixed Assets PP&E Accumulated Depreciation Net PP&E 11,202 1,238 9,964 9,340 930 8,410 1,222 21 Common Stock Preferred Stock Retained Earnings Liabilties and Equity 1,398 49 3,343 12,309 1,403 9,958 Total Assets 12,309 9,958 Ice Ice Corporation Income Statement (in millions) 2020 Sales Cost of Sales Gross Profit Operating Expense EBITDA Depreciation/Amortization Earnings Before Interest and Taxes Interest Expense Earnings Before Taxes Taxes Net Income 15,708 9,425 6,283 2,836 3,447 308 3,139 349 2,790 586 2,204 What is FCFF of Ice Ice Corp in 2020? $-256M $ 668M $ 360M $ 1,638M $ 329M