Question: Husky Co . is developing a new product. Incremental earnings will be $ 2 5 in the upcoming year. Depreciation expense is $ 7 5

Husky Co. is developing a new product. Incremental earnings will be $25 in the upcoming year. Depreciation expense is $75. The change in Net Working Capital is $40. The cost of equipment in the prior year was $100. If the marginal tax rate is 25%, what is incremental free cash flow in the upcoming year? Answer in dollars and cents, with your answer rounded to the nearest cent.

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