During the year, Xero, Inc., experienced an increase in net fixed assets of $296,000 and had depreciation of $205,000. It also experienced an increase in current assets of $146,000 and an increase in accounts payable of $78,000. If operating cash flow (OCF) for the year was $705,000, calculate the firm's free cash flow (FCF) for the year.

Warm-Up 4-4 (similar to) Question Help During the year, Xero, Inc., experienced an increase in net fixed assets of $206,000 and had depreciation of $205,000. It also experienced an increase in current assets of $146,000 and an increase in accounts payable of $78,000. If operating cash flow (OCF) for the year was $705,000, calculate the firm's free cash flow (FCF ) for the year The free cash flow (FCF) is $(Round to the nearest dollar.)