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A new project is expected to generate $800,000 in revenues and $250,000 in cash operating expenses for 10 years every year. The project will require

A new project is expected to generate $800,000 in revenues and $250,000 in cash operating expenses for 10 years every year. The project will require an increase in net working capital of $85,000 in year one and a decrease in net working capital of $75,000 in year ten. What is the free cash flow from the project in year one?

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