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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				$	40,600
Adjustments to convert net income to cash basis:
Depreciation	$	20,500
Increase in accounts receivable		(60,100	)
Increase in inventory		(26,300	)
Decrease in prepaid expenses		9,700
Increase in accounts payable		54,200
Decrease in accrued liabilities		(11,600	)
Increase in income taxes payable		3,500			(10,100	)
Net cash provided by (used in) operating activities					30,500
Investing activities:
Proceeds from the sale of equipment		15,100
Loan to Thomas Company		(41,600	)
Additions to plant and equipment		(120,700	)
Net cash provided by (used in) investing activities					(147,200	)
Financing activities:
Increase in bonds payable		88,800
Increase in common stock		39,100
Cash dividends		(28,700	)
Net cash provided by (used in) financing activities					99,200
Net decrease in cash and cash equivalents					(17,500	)
Beginning cash and cash equivalents					27,600
Ending cash and cash equivalents				$	10,100

Required:

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

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