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please answer (Calculating free cash flows) Spartan Stores is expanding operations with the introduction of a new distribution center. Not only will sales increase but

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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 $920,000. Although inventory is expected to drop from $82,000 to $70,000, accounts receivables are expected to climb as a result of increased credit sales from $88,000 to $110,000. In addition, accounts payable are expected to increase from $61,000 to $82,000. This project will also produce $200,000 of bonus depreciation in year 1 and Spartan S tores is in the 32 percent marginal tax rate. What is the project's free cash flow in year 1 ? The project's free cash flow in year 1 is $ (Round to the nearest dollar.)

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