F aton Hop X P12-8 (similar to) (Related to Checkpoint 12.1) (Calculating changes in net operating working capital) Tetious Dimensions is introducing a new product and has an expected change in net operating income of $795.000. Tetious Dimensions has a 31 percent marginal tax rate. This project will also produce $220.000 of depreciation per year. In addition, this project will cause the following changes in year 1: Without the Project with the Project Accounts receivable Accounts payable $54,000 103.000 73.000 $87.000 184,000 123.000 What is the project's free cash fow in year 1? The tree cash flow of the project in year 1 is 5 Pound to the nearest dollar) Enter your answer in the answer box and then click Check Answer. Check Answer All parts showing Clear All