Calculating changes in net operating working capital) Duncan Motors is introducing a new product and has an expected change in net operating income of $310,000. Duncan Motors has a 36 percent marginal tax rate. This project will also produce $53,000 of depreciation per year. In addition, this project will cause the following changes in year 1 Without the Project Accounts receivable Inventory Accounts payable $32.000 28,000 49,000 With the Project $19,000 41,000 83,000 What is the project's free cash flow in year 1? The free cash flow of the project in year 1 is (Round to the nearest dollar.)