Greshak Manufacturing Co. recently reported $8,250 of sales, $4,500 of operating costs other than depreciation, and $950 of depreciation. The company had no amortization charges, it had $3,500 of outstanding bonds that carry a 6.0% interest rate, and its federal-plus-state income tax rate was 23%. In order to sustain its operations and thus generate sales and cash flows in the future, the firm was required to spend $825 to buy new fixed assets and to invest $315 in net operating working capital. How much free cash flow did Greshak generate? Select one: O A. $1,966 OB. $1,016 O C. $1,756 O D. $1,804 OE. $2,596