Homework: Homework 7 Save Score: 0 of 10 pts 2 of 8 (3 complete) HW...

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Homework: Homework 7 Save Score: 0 of 10 pts 2 of 8 (3 complete) HW Score: 47.27%, 52 of 110 pts P12-8 (similar to) Question Help (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 $780,000. Tetious Dimensions has a 36 percent marginal tax rate. This project will also produce $215,000 of depreciation per year. In addition this project will cause the following changes in year 1. Accounts receivable Inventory Accounts payable Without the Project $60,000 95,000 71,000 With the Project $92,000 178,000 122,000 What is the project's free cash flow in year 1? The free cash flow of the project in year 1 is $ (Round to the nearest dollar) /10) 2/23

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