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Delta Inc. is evaluating a new product. The production line for the new product would be set up in an unused plant, which was purchased one year ago at $300,000. The machinery will cost $250000. The company's inventories would have to be increased by $14000 to handle the new line. The machinery is in Class 43 with a depreciation rate of 30%. The project is expected to last 3 years with estimated incremental operating cash flows of $118000 each year. The machinery has an expected salvage value of $24000 at the end of three years. The inventories are sold for $14000 at the end of the three years. The company's tax rate is 30% and its weighted average cost of capital is 10%. What is the free cash flow at the end of year 3 (ie. non-discounted)? Round your answer to the nearest dollar. For example, if your answer is 98765.4321 , enter 98765 without the dollar sign. Delta Inc. is evaluating a new product. The production line for the new product would be set up in an unused plant, which was purchased one year ago at $300,000. The machinery will cost $250000. The company's inventories would have to be increased by $14000 to handle the new line. The machinery is in Class 43 with a depreciation rate of 30%. The project is expected to last 3 years with estimated incremental operating cash flows of $118000 each year. The machinery has an expected salvage value of $24000 at the end of three years. The inventories are sold for $14000 at the end of the three years. The company's tax rate is 30% and its weighted average cost of capital is 10%. What is the free cash flow at the end of year 3 (ie. non-discounted)? Round your answer to the nearest dollar. For example, if your answer is 98765.4321 , enter 98765 without the dollar sign

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