Cold Weather Sports, Inc. (CWS) just completed its 2003 fiscal year. During the year, CWS had Revenue (Sales) of $8.4 million and total operating expenses of $6,000,000. Assume that CWS pays 30% of its EBIT in taxes and that depreciation expense of $1,009,570 is included in the total expense number listed above. A list of some balance sheet items for CWS for end of fiscal year 2002 and 2003 is shown below. Hint: recall that CAPEX refers to the spending on Fixed Assets.

	2002	2003
Current Assets	$1,300,000	$1,795,163
Current Liabilities	$1,100,000	$1,400,000
Fixed Assets, at cost	$5,000,000	$6,835,339
Long-term Debt	$7,200,000	$6,300,000

What is CWS's free cash flow (FCF) for 2003?

Please enter your answer to the nearest dollar, with no dollar signs or commas, e.g., $215,782 should be entered as 215782.