Evaluate a French subsidiary's Free Cash Flow in Year 1, using the following information:
EBIT = 200,000 Euros
US Corporate income tax rate = 30%
French Corporate income tax rate = 40%
Year 1 depreciation = 25,000 Euros
Year 0 Net Working Capital = 50,000 Euros
Year 1 Net Working Capital = 70,000 Euros
Do not type in commas or currency unit or % when answering.