Question: Chapter 10 - Q2: Please answer the following question in the image below. There may be multiple answers as noted by the empty boxes. Thank

Chapter 10 - Q2: Please answer the following question in the image below. There may be multiple answers as noted by the empty boxes. Thank you!

Chapter 10 - Q2: Please answer the following question in the image

This year, FCF Inc. has earnings before interest and taxes of $10,320,000, depreciation expenses of $700,000, capital expenditures of $1,000,000, and has increased its net working capital by $500,000. If its tax rate is 22%, what is its free cash flow? The company's free cash flow is $ (Round to two decimal places.)

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