b. The recent improvements of your product created a lot of diversification opportunities. The manufacturing head decided to launch a new product range, which will increase the operating profit by $250,000 with an additional depreciation cost of $75,000. The management accountant provides the upcoming year's (year 1) changes as follows. With out project 27,000 Inventory Payable Receivable With project 18,000 45,000 65,000 66,000 42,000 Calculate the free cash flow for year 1? VAN