Please do it correctly.

X Problem 11-5 (similar to) Question Help (Calculating free cash flows) Racin' Scooters is introducing a new product and has an expected change in EBIT of $445,000. Racin' Scooters has a 32 percent marginal tax rate. Bonus depreciation will be $220,000 in year 1. In addition, the project will cause the following changes in year 1: 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.) X i Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) WITHOUT THE PROJECT WITH THE PROJECT Accounts receivable Inventory Accounts payable $40,000 64,000 79,000 $70,000 90,000 94,000 Print Done