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(Calculating changes in net operating working capital) Visible Fences is introducing a new product and has an expected change in net operating income of $910,000.

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(Calculating changes in net operating working capital) Visible Fences is introducing a new product and has an expected change in net operating income of $910,000. Visible Fences has a 32 percent marginal tax rate. This project will also produce $320,000 of depreciation per year. In addition, this project will cause the following changes in year 1: Without the Project With the Project Accounts receivable $50,000 $64,000 Inventory 58,000 63,000 Accounts payable 86,000 103,000 (Click on the icon in order to copy its contents into a spreadsheet.) What is the project's free cash flow in year 1? The free cash flow of the project in year is $ 1 (Round to the nearest dollar)

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