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14. For 2018, R&K Inc. has reported earnings before interest and taxes of $3.5 million; capital expenditures of $1.2 million; and depreciation of s0.5 million.

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14. For 2018, R&K Inc. has reported earnings before interest and taxes of $3.5 million; capital expenditures of $1.2 million; and depreciation of s0.5 million. Net working capital for 2018 is $1.3 million and for 2017 is $0.8 million. The tax rate for R&K is 40%. Calculate R&K's free cash flow. (Show your work.)

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