Alanta Corporation reported the following information for Year 7 and Year 6.
December 31
Year 7 Year 6
Operating assets
$131,281 $122,569
Operating liabilities
96,628 91,869
Net cash flow from operations
37,367 31,632
Net operating profit after tax (NOPAT)
26,697 25,394
Discount factor
6% 6%
What are the company's free cash flows to the firm (FCFF) for Year 7?
Select one:
a. None of these are correct
b. $20,962
c. $33,414
d. $30,650
e. $22,744