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This year, Stang Fabrications Inc. has EBIT of $9,120,000, depreciation expenses of $1,400,000, capital expenditures of $1,400,000, and has increased its net working capital by

This year, Stang Fabrications Inc. has EBIT of $9,120,000, depreciation expenses of $1,400,000, capital expenditures of $1,400,000, and has increased its net working capital by $475,000. If its tax rate is 35%, what is its free cash flow? The company's free cash flow is $ (Round to two decimal places.)
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This year, Stang Fabrications Inc. has EBIT of $9,120,000, depreciation expenses of $1,400,000, capital expenditures of $1,400,000, and has increased its net working capital by $475,000. If its tax rate is 35%, what is its free cash flow? The company's free cash flow is $ (Round to two decimal places.)

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