Save Score: 0 of 4 pts 2 of 20 (17 complete) HW Score: 53%, 53 of 100 pts Problem 11-4 (similar to) Question Help * (Calculating free cash flows) Racin' Scooters is introducing a new product and has an expected change in EBIT of $455,000 Racin' Scooters has a 31 percent marginal tax rate. The project will produce $110,000 of depreciation per year. In addition, the project will cause the following changes in year 1What is the project's free cash flow in year 1? The projects free cash flow in year 1 is s 348050 (Round to the nearest dollar) Data Table WITH THE PROJECT WITHOUT THE PROJECT 50,000 66,000 71,000 Accounts receivable Inventory Accounts payable (Click on the icon located on the top-right corner of the data fable above in order to copy its contents into a $64,000 83,000 98,000 Print Done