A Corporation recently reported $10,750 of sales, $5,500 of operating costs other than depreciation, and $1,250 of depreciation. The company had $3,500 of bonds that carry a 5.75% interest rate, and its federal-plus-state income tax rate was 45%. During the year, the firm had expenditures on fixed assets and net operating working capital that totaled $1,560. These expenditures were necessary for it to sustain operations and generate future sales and cash flows.

What was its free cash flow?