Question: Suppose that Simcos cash flow from operations from a project in 2019 is $52,000. If the project increased net working capital by $70,000 and fixed

Suppose that Simcos cash flow from operations from a project in 2019 is $52,000. If the project increased net working capital by $70,000 and fixed assets by $200,000 during the year. What is Simcos free cash flow for 2019? Assume Simco's tax rate is 35%.

Group of answer choices

-$148,000

$132,000

-$218,000

-$228,000

-$68,000

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