Question: (Related to Checkpoint 12.1) (Calculating changes in net operating working capital) Tetious Dimensions is introducing a new product and he an expected change in net

 (Related to Checkpoint 12.1) (Calculating changes in net operating working capital)

(Related to Checkpoint 12.1) (Calculating changes in net operating working capital) Tetious Dimensions is introducing a new product and he an expected change in net operating income of $785,000. Tetious Dimensions has a 30 percent marginal tax rate. This project will also produce $190,000 of depreciation per year. In addition, this project will cause the following changes in year 1: Without the Project With the Project Accounts receivable Inventory Accounts payable $51,000 99,000 72,000 $90,000 175,000 121 000 What is the project's free cash flow in year 17 The free cash flow of the project in year 1 is $ (Round to the nearest dollar)

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