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You have forecast pro forma earnings of $1,097,000. This includes the effect of $217,000 in depreciation. You also forecast a decrease in working capital of

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You have forecast pro forma earnings of $1,097,000. This includes the effect of $217,000 in depreciation. You also forecast a decrease in working capital of $96,000 that year. What is your forecast of free cash flows for that year? The free cash flows from earnings will be $ (Round to the nearest dollar.)

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