What follows is a series of questions related to the discussion we had in class concerning a REITs financial statements. For reference, please refer to the Excel file 2nd Quarter REIT Financial Statements, Tab FFO. Let's make the following assumptions about a simplified REIT income statement. (All of the numbers are in millions). 325 in revenues; 80 in operating expenses; 40 in depreciation; 110 shares outstanding; 15 in Cap Expenditures; 40% tax rate. What is the REITs Adjusted Funds from Operations? 230270258252