This year, Stang Fabrications Inc. has EBIT of $$9,740,000,$ depreciation expenses of $$500,000,$ capital expenditures of

$$2,000,000,$ and has increased its net working capital by $$550,000.$ If its tax rate is $30\%,$ what is its free cash flow?

The company's free cash flow is $$.($Round to two decimal places.$)$