Do Homework -jaylon douglas-Microsoft Edge X https//www.mathd.com/Student/PlayerHomework.aspx?thomeworkld-5456238218&questionld 1&flushed ifalsecld-5720481 8centerwinsyes 19 Fall Basic Financial Management-Section-02 11/3/19 7:17 PM jaylon douglas & Homework: Chapter 11 Homework Save HW Score: 0 %, 0 of 13 pts Score: 0 of 1 pt 2 of 13 (0 complete) Problem 11-5 (similar to) Question Help (Calculating free cash flows) Spartan Stores is expanding operations with the introduction of a new distribution center. Not only will sales increase but investment in inventory will decline due to increased efficiencies in getting inventory to showrooms. As a result of this new distribution center, Spartan expects a change in EBIT of $1,000,000. Although inventory is expected to drop from $86,000 to $60,000, accounts receivables are expected to climb as a result of increased credit sales from or $83,000 to $150,000. In addition, accounts payable are expected to increase from $63,000 to $88,000. This project will also produce $250,000 of depreCiation per year and Spartan Stores is in the 32 percent marginal tax rate. What is the project's free cash flow in year 1? The project's free cash flow in year 1 is $(Round to the nearest dollar.) Enter your answer in the answer box and then click Check Answer Check Answer Clear All All parts showing OK e here to search