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(Calculating changes in net operating working capital) Duncan Motors is introducing a new product and has an expected change in net operating income of $290,000.

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(Calculating changes in net operating working capital) Duncan Motors is introducing a new product and has an expected change in net operating income of $290,000. Duncan Motors has a 36 percent marginal tax rate. This project will also produce $55,000 of depreciation per year. In addition, this project will cause the following changes in year 1 : (Cilck on the icon in order to copy its contents into a spreadsheet.) What is the project's free cash flow in year 1

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