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Question 2 0 out of 7 points Cold Weather Sports, Inc. (CWS) just completed its 2003 fiscal year. During the year, CWS had Revenue (Sales) of $8.5 million and total expenses of $6,000,000. Assume that CWS pays 30% of its EBIT in taxes and that depreciation expense of $1,258,846 is included in the total expense number listed above. A list of some balance sheet items for CWs for end of fiscal year 2002 and 2003 is shown below. 2003 2002 Current Assets $1,300,000 $1,807,659 $1,100,000 Current Liabilities $1,400,000 Fixed Assets, at cost $5,000,000 $7,200,000 $6399,904 $6300,000 Long-term Debt What is CWS's free cash flow (FCF) for 2003? Please enter your answer to the nearest dollar, with no dollar signs or commas, e.g, $215,782 should be entered as 215782. Selected Answer: 2,001,283 Correct Answer: 1,401,283 2,000