Use the LSP Co. income statement given below to answer the following 3 questions: Income Statement for Year Ending December 31, 2010 Sales $500,000 $150,000 $ 350,000 Operating costs excluding depreciation and amortization EBITDA Depreciation and Amortization EBIT $ 50,000 ?????? Interest expense $100,000 EBT $ 200,000 $ 80,000 Taxes (40%) Net Income $ 120,000 1. Calculate the firm's operating income (EBIT) for the year 2010: * O $ 400,000 O O O $ 200,000 $ 120,000 $ 300,000 2. LSP reported an increase in net fixed assets from $30,000 at the end of the year 2009 to $50,000 at the end of the year 2010. What is the capital expenditure? (Use the income statement above) * O $ 20,000 $ 70,000 O O $ 80,000 $0 3. If LSP company reported a change in net working capital of $50,000, what would be its FCF? (Use the income statement above) * O $ 180,000 O O $ 230,000 $110,000 O $ 350,000