O = Homework: Homework 9 Question 2, P12-8 (similar to) HW Score: 31.25%, 25 of 80 points O Points: 0 of 10 Save (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 $790,000. Tetious Dimensions has a 36 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 $54,000 $88,000 Inventory 98,000 176,000 Accounts payable 74,000 121,000 (Click on the icon in order to copy its contents into a spreadsheet.) What is the project's free cash flow in year 1? The free cash flow of the project in year 1 is $ (Round to the nearest dollar.) Help me solve this View an example Get more help Clear all Check