Suppose the firm you work for must spend $15,250 on new fixed assets and invest $6,850 in net operating working capital each year to maintain its cash flows and the business. Recently the firm reported $170,000 of sales, $140,500 of operating costs other than depreciation, and $9,250 of depreciation. The company had $30,000 of outstanding bonds that carry a 4.00% interest rate, and its federal-plus-state income tax rate was 35%. You have been hired as a financial analyst in charge of a company's finances. What was the firm's free cash flow?