(Related to Checkpoint 12.1 ) (Calculating changes in net operating working capital) Tetious Dimensions is introducing a new product and has an expected change in net operating income of $790 comma 000. Tetious Dimensions has a 30 percent marginal tax rate. This project will also produce $190 comma 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 $56 comma 000 $84 comma 000 Inventory 98 comma 000 184 comma 000 Accounts payable 75 comma 000 117 comma 000 What is the project's free cash flow in year 1? The free cash flow of the project in year 1 is $ 701000. (Round to the nearest dollar.)