Apex Company prepared the statement of cash flows for the current year that is shown...

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Accounting

Apex Company prepared the statement of cash flows for the current year that is shown below:

Apex Company Statement of Cash FlowsIndirect Method
Operating activities:
Net income $ 41,900
Adjustments to convert net income to cash basis:
Depreciation $ 20,100
Increase in accounts receivable (60,800)
Increase in inventory (26,800)
Decrease in prepaid expenses 10,100
Increase in accounts payable 54,300
Decrease in accrued liabilities (11,900)
Increase in income taxes payable 3,400 (11,600)
Net cash provided by operating activities 30,300
Investing activities:
Proceeds from the sale of equipment 14,500
Loan to Thomas Company (41,000)
Additions to plant and equipment (121,900)
Net cash used for investing activities (148,400)
Financing activities:
Increase in bonds payable 90,000
Increase in common stock 38,200
Cash dividends (28,300)
Net cash provided by financing activities 99,900
Net decrease in cash (18,200)
Beginning cash balance 27,400
Ending cash balance $ 9,200
Required:

Compute Apex Companys free cash flow for the current year. (Negative amount should be indicated by a minus sign.)

Free cash flow

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