Flint Company has provided the financial statement information presented below:

During year 1, Flint Corporation purchased equipment with a cost of $200,000 and did not retire or sell any of its fixed assets.

Also the unsecured loan's book value is equal to its market value. However, the secured loan's market value is equal to 90% of its book value. Flint does not have any excess assets

What is the amount of free cash flow that Flint generated for its common shareholders' during Year 1.

Balance Sheet	YEAR 0	YEAR 1
Cash	$80,000	$100,000
Accounts Receivables	$400,000	$600,000
Allowance for uncollectable accounts	$30,000	$40,000
inventory	$1,200,000	$800,000
Property, Plant and Equipment	$1,500,000	$1,700,000
Accumulated Depreciation - Property, Plant And Equipment	$150,000	$160,000
Accounts Payables	$150,000	$300,000
Accrued Expenses	$50,000	$50,000
Accrued Revenues	$300,000	$200,000
Loan Payable -Secured Loan First Bank	$400,000	$350,000
Loan Payable -Unsecured Loan Second Bank	$1,100,000	$1,000,000
Capital Stock (No par value, 50,000 shares issued and outstanding and 60,000 shares issued and outstanding as of December 31, Year 0 and December 31, Year 1, Respectively)	$1,000,000	$1,200,000
Retained Earnings	NONE	($100,000)
	YEAR 0	YEAR 1
Revenue	$2,500,000	$3,500,000
Cost of Goods Sold	($1,400,000)	($2,000,000
Gross Margin	$1,100,000	$1,500,000
Selling, General, and Administrative Expenses (Depreciation Expense included)	($860,000)	($1,400,000)
Operating Income	$240,000	$100,000
Interest Expense	($240,000)	($200,000)
Income Before Income Tax	NONE	($100,000)
Income Tax Expense (30%)	NONE	NONE
Net Income	NONE	($100,000)