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(Calculating free cash flows) Racin' Scooters is introducing a new product and has an expected charge in EBIT of $455,000 Racin' Scooter has a 32

(Calculating free cash flows)

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Racin' Scooters is introducing a new product and has an expected charge in EBIT of $455,000 Racin' Scooter has a 32 percent marginal tax rate. The project will produce $130,000 of depreciation per year in addition, the project will cause the following changes in year 1. What is the projects free cash flow in year 1? The project's free cash flow in year 1 is $ (Round to the nearest dollar)

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