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calculatw free cash flow The following is a...

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Accounting

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The following is a condensed version of the comparative balance sheets for Skysong Corporation for the last two years at December 31. Additional information: Investments were sold at a loss of $17,000; no equipment was sold; cash dividends paid were $51,000; and net income was $272,000. Skysong Corporation Statement of Cash Flows For the Year Ended December 31, 2025 Cash Flows from Operating Activities Net income Adjustments to reconcile net income to Net Cach Provided by Operatine Activities Your answer is incorrect. Determine Skysong Corporation's free cash flow. (Show amount that decrease cash flow with either a- sign e.g. 15,000 or in parenthesis eg. (15,000).) Freecashflow Cash Flows from imvesting Activities Sale of Investments 20400 Purchase of Equipment (98600) Net Cash Used by Imesting Activities (78200) Cash Flows from Financing Activities Parment of Cash Dividends (51000) Net increase in Cash Cathat Besinning of Year Cushat End of Veaf. eTextbook and Media

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