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An asset that was originally purchased for $770,384 is being depreciated straight-line over its useful life to zero. At the end of the project, the
An asset that was originally purchased for $770,384 is being depreciated straight-line over its useful life to zero. At the end of the project, the asset can be sold for $414,082. In addition to the operating cash flow of $802,704 in the final year of the project, net operating working capital of $52,066 will be recovered as a result of a reduction in inventory. What is the free cash flow at the end of the project? The company's tax rate is 40% and the WACC is 9%. Express your answer to the nearest dollar.
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