Problem 15-10 (Algo) Prepare a Statement of Cash Flows; Free Cash Flow [LO15-1, LO15-2, LO15-3]...

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Problem 15-10 (Algo) Prepare a Statement of Cash Flows; Free Cash Flow [LO15-1, LO15-2, LO15-3] Joyner Company's income statement for Year 2 follows: ts balance sheet amounts at the end of Years 1 and 2 are as follows: Equipment that had cost $30,300 and on which there was accumulated depreciation of $10,300 was soid during Year 2 for $25,000. The company declared and paid a cash dividend during Year 2 , it did not retire any bonds or repurchase any of its own's stock Required: - Using the indirect method, compute the net cash provided by/used in operating activities for Year 2 . 2. Prepare a statement of cash flows for Year 2 3. Compute the free cash flow for Yeor 2 Using the incirect method, compute the net cash provided by/used in operating activitios for Year 2 . (List any daduction in cosh outilows os negative amounts.) Prepare a statement of cash flows for Year 2. (List any deduction in cosh and cash outflows as negative amounts.) Required: 1. Using the indirect method, compute the net cash provided by/used in operating activities for Year 2. 2. Prepare a statement of cash flows for Year 2. 3. Compute the free cash flow for Year 2. Complete this question by entering your answers in the tabs below. Compute the free cash flow for Year 2. (Negotive omount should be indicated by a minus sign.)

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