Just need help with the Free Cash Flow.

Exercise 12-10 a-b Concord Corporation's comparative balance sheets are presented below Concord Corporation Comparative Balance Sheets December 31 2020 2019 $ 17,000 $ 17,500 Cash Accounts receivable 22,100 25,300 Investments 20,250 16,050 Equipment 70,150 59,850 Accumulated depreciation-equipment (13,750) (10,000) $108,650 $115,800 Total $ 11,150 Accounts payable $14,550 Bonds payable 30,200 10,000 Common stock 50,000 44,800 Retained earnings 34,100 29,650 $108,650 $115,800 Total Additional information: 1. Net income was $18,450. Dividends declared and paid were $14,000 2. Equipment which cost $10,300 and had accumulated depreciation of $1,800 was sold for $3,700 3. No noncash investing and financing activities occurred during 2020 Prepare a statement of cash flows for 2020 using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -45,000, or in parenthesis e.g. (45,000).) Concord Corporation Statement of Cash Flows For the Year Ended December 31, 2020 Cash Flows from Operating Activiti es 18450 Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense 5550 Loss on disposal of Plant Assets 4800 Increase in Accounts Receivable (3200) Increase in Accounts Payable 3400 10550 29000 Net Cash Provided by Operating Activities Cash Flows from Investing Activities Sale of Equipment 3700 (4200) Purchase of Investments Net Cash Used by Investing Activities (500) Cash Flows from Financing Activities 5200 Issuance of Common Stock (14000) Payment of Dividends (20200) Retirement of Bonds (29000) Net Cash Used by Financing Activities Net Decrease in Cash (500) Cash at Beginning of Period 17500 17000 Cash at End of Period LINK TO TEXT LINK TO TEXT Your answer is incorrect. Try again. 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