QUESTION 4 "You are considering an investment in the FIN340 Company and want to evaluate the firm's free cash flow. From the income statement, you see that FIN340 Company earned an EBIT of $975,000, paid taxes of $184,275, and its depreciation expense was $48,750, FIN340 Company's gross fixed assets increased by $250,000 from 2017 to 2018 The firm's current assets increased by $245,000 and spontaneous current liabilities increased by $47.000 - What is FIN340 Company's free cash flow in 2018? "$293.975" "$391,475 "$199.975" "$342,725 "$790.725" $839,475