Last year your firm had revenue of $20.0 million, cost of goods sold (COGS) of $11.0 million, Selling, General, & Administration costs (SG&A) of $2.5 million, Account Receivables (AR) of $7.5 million, Account Payables (AP) of $5.0 million and Inventory of $5.0 million. What will be the free cash flow this year if you boost revenue 5.5% and AR 11.0%, while holding COGS growth to 2.0% and everything else remains the same as last year? Assume no taxes and no new capital expenditures. You are encouraged to use a spreadsheet even for this specific type of question.

A) $6,767,251.92

B) $7,380,000.00

C) $6,555,000.00

D) -$945,000.00