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A company reported the following financial data: EBIT 1,000,000 Tax Rate 20% Depreciation and Amortization 100,000 2018 2017 Current Assets 3,200,000 3,000,000 Net Fixed Assets

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A company reported the following financial data: EBIT 1,000,000 Tax Rate 20% Depreciation and Amortization 100,000 2018 2017 Current Assets 3,200,000 3,000,000 Net Fixed Assets 4.500,000 4,200,000 Accounts Payable 370,000 355.000 Accruals 400,000 385.000 Calculate this company's 2018 Free Cash Flow. $355,000 $319,000 $415,000 $386,000

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