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(Calculating free cash flows) Spartan Stores is expanding operations with the introduction of a new distribution center. Not only will sales increase but investment in Inventory will decline due to increased efficiencies in getting inventory to showrooms. As a result of this new distribution center. Spartan expects a change in EBIT of $980,000. Although inventory is expected to drop from $86,000 to $61,000, accounts receivables are expected to climb as a result of increased credit sales from $81,000 to $170,000. In addition, accounts payable are expected to increase from $61.000 to $80,000. This project will also produce $300,000 of bonus depreciation in year 1 and Spartan Stores is in the 32 percent marginal tax rate. What is the project's free cash flow in year 1? CODE The project's free cash flow in year 1 (Round to the nearest dollar)