Simplify the Numerical Expression Below, Stating the Answer in Its $\frac { 1 } { 5 } + \frac { 7 } { 4 } \cdot \frac { 4 } { 49 } - \frac { 1 } { 35 } \cdot \frac { 5 } { 5 }$

Short Answer

Simplify the numerical expression below, stating the answer in its reduced form. $\frac { 1 } { 5 } + \frac { 7 } { 4 } \cdot \frac { 4 } { 49 } - \frac { 1 } { 35 } \cdot \frac { 5 } { 5 }$