[The following information applies to the questions displayed below.] 0 1 2 Revenue $ 1,600 $ 1,600 Expense 700 700 Depreciation 300 300 Pre-tax profit 600 600 Taxes 300 300 After-tax profit 300 300 Plant and equipment $ 1,500 850 Increased working capital 300 300 Free cash flow $ 1,800 $ 600 $ 1,750 In a discounted cash flow analysis of Giant Corp.s project described in the problem above, what would be the projected Year 2 free cash flow? Multiple Choice $1,700 $1,750 $1,450 $1,300