Kalinka Industries, Inc. (KII) has expected EBIT of $500 mil. and depreciation expense of $90 mil. for the coming year. The firm is expected to have gross capital expenditures of $120 mil., and net operating working capital is expected to increase by $ 60 mil. If the firm's marginal tax rate is 40%, how much free cash flow is the firm expected to generate during the next year? Select one: a. $ 210 mil. b. $ 360 mil. c. $ 136 mil. d. $ 160 mil. e. $ 577 mil