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Assume a company is considering investing in opening a new store. The following assumptions are made: * Furniture, fixtures, and leasehold improvements will cost $

Assume a company is considering investing in opening a new store. The following assumptions are made:
* Furniture, fixtures, and leasehold improvements will cost $450,000. Company will spend $30,000 to purchase inventory for the grand opening. Company already spent $12,000 in consulting fees.
* Company expects to sell 5,000 units each year for the next six years at an average $75 sales price per unit and an average $45 variable cost per unit. Company will incur $70,000 in fixed operating costs each year.
* Furniture, fixtures, and leasehold improvements will depreciate on an accelerated basis for tax purposes using a 7-year MACRS asset life.
* Company expects to switch to a different location six years from now and sell the furniture and fixtures for $65,000 before tax and sell through the remaining inventory.
* Company's tax rate will be 32%.
What is the incremental free cash flow the investment is expected to generate in year 6 that should be considered for capital budgeting purposes?
(Do not round intermediate calculations. Round your final answer to the nearest whole dollar i.e.123456. Do not include commas or a dollar sign with your answer.)
(Hint: You will need OCF, net working capital, and capital spending cash flows.)

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