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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 $760,000. Tetious Dimensions has a 31 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: point ced p as: 5 Without the Project With the Project Accounts receivable $58,000 $91,000 Inventory 95,000 185.000 Accounts payable 67.000 125,000 What is the project's free cash flow in year 1? The free cash flow of the project in year 1 is $. (Round to the nearest dollar)

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