P12-9 (similar to) Question Help (Calculating changes in net operating working capital) Duncan Motors is introducing a new product and has an expected change in net operating income of $285,000. Duncan Motors has a 30 percent marginal tax rate. This project will also produce $52,000 of depreciation per year. In addition, this project will cause the following changes in year 1: Without the Project With the Project Accounts receivable Inventory Accounts payable $28,000 27,000 46,000 $22,000 41,000 85,000 The free cash flow of the project in year 1 is $ (Round to the nearest dollar.)