what is the average invested capital for the current year?

Refer to the income statement and balances sheet for Dolphin, Inc. to answer the following questions. Dolphin is a $600 million event promotion company that operates witha 30 percent operating tax rate. Dolphin: Income Statement and Balance Sheet $ million Balance sheet Last year Current year Last year Current year Income statement 24 22 Operating cash 1,100 (770) (165) (33) 1,210 Revenues 91 74 Excess cash and marketable securities (871) (182) Cost of sales Selling, general, and administrative 220 242 Accounts receivable 330 363 (36) Inventory Depreciation 663 703 Current assets 132 121. EBIT (15) (15) Interest expense 484 Property, plant, and equipment Equity investments 440 Gain/(loss) on sale of assets (10) 50 50 EBT 96 117 (35) Taxes (29) 1,237 Total assets 1,153 Net income 82 67 Dividends Accounts payable 275 303 33 27 Short-term debt 90 90 Accrued expenses 165 182 Current liabilities 530 574 Long-term debt 210 210 Common stock 100 100 Retained earnings 313 353 Total liabilities and equity 1,153 1,237 4. What is the average invested capital (IC) for Dolphin for the current year? a) $609 b) $600 c) $667 d) $527 Refer to the income statement and balances sheet for Dolphin, Inc. to answer the following questions. Dolphin is a $600 million event promotion company that operates witha 30 percent operating tax rate. Dolphin: Income Statement and Balance Sheet $ million Balance sheet Last year Current year Last year Current year Income statement 24 22 Operating cash 1,100 (770) (165) (33) 1,210 Revenues 91 74 Excess cash and marketable securities (871) (182) Cost of sales Selling, general, and administrative 220 242 Accounts receivable 330 363 (36) Inventory Depreciation 663 703 Current assets 132 121. EBIT (15) (15) Interest expense 484 Property, plant, and equipment Equity investments 440 Gain/(loss) on sale of assets (10) 50 50 EBT 96 117 (35) Taxes (29) 1,237 Total assets 1,153 Net income 82 67 Dividends Accounts payable 275 303 33 27 Short-term debt 90 90 Accrued expenses 165 182 Current liabilities 530 574 Long-term debt 210 210 Common stock 100 100 Retained earnings 313 353 Total liabilities and equity 1,153 1,237 4. What is the average invested capital (IC) for Dolphin for the current year? a) $609 b) $600 c) $667 d) $527