Chips Home Brew Whiskey management forecasts that if the firmsells each bottle o

Chips Home Brew Whiskey management forecasts that if the firmsells each bottle of Snake-Bite for $20 then the demand for theproduct will be 15000 bottles per year whereas sales will be 85percent as high if the price is raised 14 percent. Chips variablecost per bottle is $10 and the total fixed cash cost for the yearis $100000. Depreciation and amortization charges are $20000 andthe firm has a 30 percent marginal tax rate. Management anticipatesan increased working capital need of $3000 for the year. What willbe the effect of the price increase on the firms FCF for theyear?