(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 $755,000. Tetious Dimensions has a 36 percent marginal tax rate. This project will also produce $185,000 of depreciation per year In addition, this project will cause the following changes in year 1 Accounts receivable Inventory Accounts payable Without the Project $59,000 103,000 73,000 with the Project $94,000 185,000 123,000 What is the project's free cash flow in year 12 The free cash flow of the project in year 1 is (Round to the nearest dollar)