(Calculating free cash flows) Spartan Stores is expanding operations with the introduction of a new distribution center. Not only will sales increase but investment in inventory will decline due to increased efficiencies in getting inventory to showrooms. As a result of this new distribution center, Spartan expects a change in EBIT of $920,000. Although inventory is expected to drop from $87,000 to $62,000, accounts receivables are expected to climb as a result of increased credit sales from $85,000 to $110,000. In addition, accounts payable are expected to increase from $69,000 to $80,000. This project will also produce $200,000 of bonus depreciation in year 1 and Spartan Stores is in the 34 percent marginal tax rate. What is the project's free cash flow in year 1?

1-The project's free cash flow in year 1 is $ (Round to the nearest dollar.)

(Calculating free cash flows) Spartan Stores is expanding operabions with the introduction of a new distribution center. Not only will stes increase but investment in inventory will decline due to increased efficiencies in gotting inventory to showrooms. As a result of this new distribution conter. Spartan expects a change in EBrt of $920,000. Although inventory is expected to drop from $87,000 to $62,000, accounts receivables are expected to climb as a rosith of incieased credit saies from $85,000 to $110,000. In addition, accounts payable are expected to increase from $69,000 to $80,000. This project will also produce $200,000 of benus depreciation in year 1 and Spartan Stores is in the 34 percent marginal tax rate. What is the project's freo cash flow in year 1? The project's free cash fow in year 1 is ? (Round to the nearest dollar.)