Question 29 (7.5 points) Your firm recently reported $975,000 in earnings before interest and taxes. The firm reported $300,000 in depreciation. Assume the firm's net working capital increased by $200,000 this year, and the firm's capital expenditures totaled $50,000. What is the firm's free cash flow? The firm is in the 24% tax bracket. (Please submit your answer using correct labeling, punctuation, etc. For example, for dollar answers, you should enter $5,234,000.00 this way using two decimals.)