Meric Mining reported $29,540 of sales, $6,500 of operating costs other than depreciation, and $3,800 of depreciation. The company had $9,500 of bonds that carry a 4.75% interest rate, and its federal-plus-state income tax rate was 21%. During the year, the firm had expenditures on fixed assets and net operating working capital that totaled $4,725. These expenditures were necessary for it to sustain operations and generate future sales and cash flows. What was its free cash flow?