2. Hollinger Corporation is contemplating the introduction of a new product. It has prepared the following pro forma income statements. Year 1 Year 2 Sales Cost of Goods Sold Sell, General, & Admin Depreciation Earnings Before Tax Tax Net Income 24,000 16,000 2,500 1,000 4,500 1,500 3,000 22,500 15,500 2,000 1,000 4,000 1,300 2,700 Throughout the life of the project, Hollinger's debt/equity ratio will be 0.75, its accounts receivable turnover will be 10, and its accounts payable turnover will be 12. There is no significant amount of inventory, and there is no incremental capital expenditure expected during these years During year 2 of the project, what is the unlevered free cashflow (UFCF2)