Fly Boy Corporation Is Expected Have EBIT of $800k This

Multiple Choice

Fly Boy Corporation is expected have EBIT of $800k this year. Fly Boy Corporation is in the 30% tax bracket, will report $52,000 in depreciation, will make $86,000 in capital expenditures, and will have a $16,000 increase in net working capital this year. What is Fly Boy's FCFF?

A) 510,000
B) 406,000
C) 542,000
D) 596,000
E) 682,000