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Provider Ltd had revenues of $2,000,000, cash operating expenses of $1,000,000, and depreciation and amortization of $200,000 during 2018. The firm purchased $100,000 of equipment

Provider Ltd had revenues of $2,000,000, cash operating expenses of $1,000,000, and depreciation and amortization of $200,000 during 2018. The firm purchased $100,000 of equipment during the year while increasing its inventory by $60,000 (with no corresponding increase in current liabilities). The marginal tax rate is 40 percent. What is Providers Free Cash Flow (FCF) for 2018

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