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A company is considering a new project with the following Year 1 information: Incremental revenues $15,207 Depreciation for tax purposes $1,093 Other incremental operating costs

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A company is considering a new project with the following Year 1 information: Incremental revenues $15,207 Depreciation for tax purposes $1,093 Other incremental operating costs $8,392 Marginal tax rate 33% What is the project's free cash flow in the first year of operations? Report your answer to the nearest whole dollar (e.g., 1234)

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