You are an industry analyst for the energy sector. You are analyzing financial reports from two companies: Black Gold Corp. and New Energy Inc. Corporate tax for both firms is 35%. Your associate analyst has calculated and compiled in the following table, a list of important figures you need for the analysis: Black Gold Corp. New Energy Inc. EBIT $ 268,800 $ 112,000 Depreciation $ 92,004 $ 33,660 Total operating capital $ 1,224,000 $ 636,480 Net investment in operating capital $ 612,000 $ 265,200 WACC 11.85% 11.88% What is the free cash flow and ROIC for New Energy Inc.?

a)$174,720 and 14.27%

b)$-192,400 and 11.44%

c)$ -437,280 and 14.27%

d)$72,800 and 11.44%