1. During 2016, FSC Corporation had EBIT of $122,000, a change in net fixed assets of $425,000, an increase in net current assets of $120,000, an increase in spontaneous current liabilities of $410,000, a depreciation expense of $55,000, and a tax rate of 35%. Based on this information, FSCs free cash flow is __________.

1. $(310,800)
2. $(13,000)
3. $(55,700)
4. $(635,700)