(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 $760,000. Tetious Dimensions has a 30 percent marginal tax rate. This project will also produce $205,000 of depreciation per year. In addition, this project will cause the following changes in year 1: Without the Project Accounts receivable Inventory Accounts payable $59,000 97,000 71,000 With the Project $87,000 184,000 125,000 The free cash flow of the project in year 1 is $ (Round to the nearest dollar.)