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During the year, Xero, Inc., experienced an increase in net fixed assets of $ 2 9 9 , 0 0 0 and had depreciation of

During the year, Xero, Inc., experienced an increase in net fixed assets of $299,000 and had depreciation of $197,000. It also experienced an increase in current assets of $150,000 and an increase
in accounts payable of $71,000. If operating cash flow (OCF) for the year was $696,000, calculate the firm's free cash flow (FCF) for the year.
The free cash flow (FCF) is $
(Round to the nearest dollar.)
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