(Calculating changes in net working capital) Duncan Motors is introducing a new product which it expects will increase its operating profit by $320,000. Duncan Motors has a 30% marginal tax rate. This project will also produce $47,000 of depreciation per year, and will cause the following changes in year 1: Accounts receivable Inventory Without the project With the project $30,000 $25,000 26,000 43,000 54,000 83,000 Accounts payable 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.)