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MC$\mathrm{.}03\mathrm{.}090.$Algo

$1$ Question $5$ of $42*$

Hartzell Inc. had the following data for $2020,$ in millions: Net income $=$$$600$; after$-$tax operating income EBIT $(1-T)$ and Total assets $=$$$2,000.$ Information for $2021$ is as follows: Net income $=$$$825$; after$-$tax operating income $[EBIT(1-T)]=$$$1,150$; and Total assets $=$$$2,450.$ Assume the firm had no excess cash. How much free cash flow did the firm generate during $2021?$

a$.$ $$700$ million

b$.5925$ million

c$.$ $$1,275$ million

d$.$ $$1,600$ mittion

e$.$ $$375$ million