A recent income statement for Rainier Printing is shown next.

Net sales $10,000

Cost of sales 6,500

Gross profit 3,500

Operating expense 1,200

Depreciation expense 600

Operating income 1,700

Interest expense 300

Income before tax 1,400

Tax 420

Income after tax $980

Calculate Rainiers free cash flow in this year, assuming it spent $630 on new capital equipment and increased current assets net of non-interest-bearing current liabilities by $450.