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The management of Morrow Inc. is trying to decide whether it can increase its dividend. During the current year, it reported net income of $877,100.

The management of Morrow Inc. is trying to decide whether it can increase its dividend. During the current year, it reported net income of $877,100. It had net cash provided by operating activities of $644,300, paid cash dividends of $83,100, and had capital expenditures of $275,800. Compute the companys free cash flow.

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