(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 $960 comma 000. Although inventory is expected to drop from $83 comma 000 to $70 comma 000, accounts receivables are expected to climb as a result of increased credit sales from $80 comma 000 to $200 comma 000. In addition, accounts payable are expected to increase from $70 comma 000 to $83 comma 000. This project will also produce $250 comma 000 of depreciation per year and Spartan Stores is in the 33 percent marginal tax rate.

What is the project's free cash flow in year 1?