The Rick Sanchez Corp recently reported $4,678,000 of sales, $3,740,500 of operating costs other than depreciation, and $450,2200 of depreciation. The company had $533,250 of outstanding bonds that carry 7.75% interest rate and its federal plus state income tax rate was 30%. In order to sustain its operations and thus generate future sales and cash flows, the firm was required to spend $1,085,000 to buy new fixed assets and to invest $22,400 in net operating working capital. What was the firm’s free cash flow?