(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 32 percent marginal tax rate This project will also produce $195,000 of depreciation per year. In addition, this project will cause the following changes in year 1 Without the Project With the Project Accounts receivable $51,000 $84,000 Inventory 99,000 181,000 Accounts payable 65,000 115,000 What is the project's free cash flow in year 1? The free cash flow of the project in year 1 is s (Round to the nearest dollar)