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Question 25 pts Your firm purchases a machine for $75,000. You purchase the machine using current available cash balances from a previous period You have

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Question 25 pts Your firm purchases a machine for $75,000. You purchase the machine using current available cash balances from a previous period You have sales from your retail customers of $540,000.These customers pay with cash. Your sales from commercial consumers are $65,000 .These customers pay with credit. The cost of your overhead is $52,000 which you pay for with credit. You have variable costs of $30,000 which you pay for with cash. Your firm's tax rate is 20% Finally, you collect on past accounts receivable for $15,000 and pay off past accounts payable for $8,000 You have the following depreciation table Depreciation Percentage 0.33 0.45 0.15 0.07 $ Expense Year 1 Year 2 Year 3 Year 4 With this information, what is the free cash-flow in year 1? 0 $267,350 O $398,600 $342,350 $317,600

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