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(Related to Checkpoint 12.1) (Calculating changes in net operating working capital) Tetious Dimensions is introducing a new product and has an expected change in net

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(Related to Checkpoint 12.1) (Calculating changes in net operating working capital) Tetious Dimensions is introducing a new product and has an expected change in net operating income of $790,000. Tetious Dimensions has a 36 percent marginal tax rate. This project will also produce $185,000 of depreciation per year In addition, this project will cause the following changes in year 1 Without the Project With the Project Accounts receivable $58,000 $90,000 Inventory 95.000 176 000 Accounts payable 68,000 121,000 (Click on the woon in order to copy its contents into a spreadsheet) What in the project's free cash flow in year 1? The tree cash flow of the project in year 1 is $|| (Round to the nearest dollar

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