A firm has sales of

$50,000

, EBIT of

$10,000

, depreciation of

$4,000

, and fixed assets increased by

$2,000

. If the firm's tax rate is 30 percent and there was a

$1,000

increase in net operating working capital, what is the firm's free cash flow?\

$1,200

\

$10,000

\

$9,000

\

$8,000