Use the income statement shown next to calculate free cash flow for Rainier Printing for 2021. In addition to the information in the income statement, assume that Rainier had $710,000 in capital expenditures and $510,000 in working capital investments during 2021.

Rainier Printing Income Statement
January 1 to December 31, 2021 ($ thousands)
Net sales	$ 11,200
Cost of sales	7,100
Gross profit	4,100
Operating expense	1,210
Depreciation expense	660
Operating income	2,230
Interest expense	360
Income before tax	1,870
Tax	748
Income after tax	$ 1,122