Bramble Corporation's comparative balance sheets are as follows. Compute free cash flow. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Free cash flow 1. Net income was $18,750. Dividends declared and paid were $15,000. 2. Equipment which cost $9,900 and had accumulated depreciation of $1,600 was sold for $3,000. 3. No noncash investing and financing activities occurred during 2022. 4. Bonds were retired at their carrying value. (a) Prepare a statement of cash flows for 2022 using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. 15,000, or in parenthesis e.g. (15,000).)
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