P12-y 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 33 percent marginal tax rate. This project will also produce $45,000 of depreciation per year. In addition, this project will cause the following changes in yoar 1: Without the Project with the Project Accounts receivable Inventory Accounts payable $31,000 21,000 45,000 $19.000 34,000 83,000 What is the project's free cash flow in year 1? The free cash flow of the project in year 1 is $ . (Round to the nearest dollar.)