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avUoOI POMICO Your firm recently reported $975,000 in sales. The firm is in the 20% tax bracket. Operating costs are $250,000. Depreciation is 15% of
avUoOI POMICO Your firm recently reported $975,000 in sales. The firm is in the 20% tax bracket. Operating costs are $250,000. Depreciation is 15% of operating costs. The firm has $250,000 in debt outstanding at a 5% interest rate. Assume the firm's net working capital increased by $200,000 this year, and the firm's capital expenditures totaled $50,000. What is the firm's free cash flow? (Please submit your answer using correct labeling, punctuation, etc. For example, for do answers, you should enter $5,234,000 this way.)
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