(Calculating changes in net operating working capital) Visible Fences is introducing a new product and...

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(Calculating changes in net operating working capital) Visible Fences is introducing a new product and has an expected change in not operating income of $915,000. Visible Fences has a 32 peroent marginal tax rate. This project will also produce $320,000 of depreciation per year. In addition, this project wil causo the following changes in year 1 : What is the projects freb cash flow in year 1? The free cash fow of the project in yoar 1 is 9 (Round to the nearest dollar)

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