Below is a recent income statement for Gatlin Camera:

Net sales: $8,000

Cost of sales (including depreciation of $800): $4,700

Gross profit: $3,300

Selling and admin. expenses (including interest expense of $570): $1,500

Income before tax: $1,800

Tax: $612

Income after tax: $1,188

Calculate Gatlin's free cash flow in this year assuming it spent $510 on new capital equipment and increased current assets net of noninterest-bearing current liabilities $340.

Please provide calculation details