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During the year, Xero, Inc., experienced an increase in net fixed assets of $301,000 and had depreciation of $200,000. It also experienced an increase in

During the year, Xero, Inc., experienced an increase in net fixed assets of $301,000 and had depreciation of $200,000. It also experienced an increase in current assets of $146,000 and an increase in accounts payable of $75,000. If operating cash flow (OCF ) for the year was $698,000, calculate the firm's free cash flow (FCF ) for the year.

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