As CFO of Beavers United, you are deciding if you should add an automated billing system that is expected to speed up your collections process. One of the systems you are considering costs and requires a total cash outflow today of $18,750. The total cost of the system will be depreciated over five years on a straight line basis. It is expected that the system will decrease accounts receivable by $3,891 at the end of the first year after it is installed (at Year 1). Efficiencies from the system are expected to produce an additional revenue of $26820 and a pre-tax cost of $12134 per year to run the system. If the company's tax rate is 31%, what is the incremental free cash flow for the system in the first year of the project (at Year 1)?