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Below is a recent income statement for Gatlin Camera: Net Sales $8,000 Cost of Sales (including depreciation of $800) 4,700 Gross Profit 3,300 Selling and

Below is a recent income statement for Gatlin Camera:

Net Sales $8,000
Cost of Sales (including depreciation of $800) 4,700
Gross Profit 3,300
Selling and Admin. expenses (including interest expense of $570) 1,500
Income before Tax 1,800
Tax 612
Income After Tax 1,188

Calculate Gatlin's free cash flow in this year assuming it spent $510 on new capital equipment and increased working capital of $340.

EDIT: Please show the work in order for me to understand

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