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Beachmaster Inc. has an after-tax income of $600,000 as of December 2021. During the year it purchased some equipment for $350,000. The company pays a

Beachmaster Inc. has an after-tax income of $600,000 as of December 2021. During the year it purchased some equipment for $350,000. The company pays a 20% dividend to the shareholders.

Calculate the amount of Free cash flow.

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