Question: (Calculating changes in net operating working capital) Duncan Motors is introducing a new product and has an expected change in net operating income of

 (Calculating changes in net operating working capital) Duncan Motors is introducing a 

(Calculating changes in net operating working capital) Duncan Motors is introducing a new product and has an expected change in net operating income of $290.000 Duncan Motors has a 33 percent marginal tax rate. This project will also produce $47,000 of depreciation per year. In addition, this project will cause the following changes in year 1 Accounts receivable Inventory Accounts payable Without the Project With the Project $28,000 $20.000 26,000 34,000 54,000 81,000 (Click on the icon in order to copy its contents into a spreadsheet) What is the project's free cash flow in year 17 The free cash flow of the project in year 11 (Round to the nearest dollar)

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