Moskow Corporation issued the following statement of cash flows for 2017.

(a) Compute free cash flow for Moskow Corporation.
(b) Explain why free cash flow often provides better information than "Net cash provided by operating activities."

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MOSKOW CORPORATION Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2017 Cash flows from operating activities 59,000 Adjustments to reconcile net income to net cash t assets Net cash provided by operating activities Cash flows from investing activities Net cash used by investing activities (21,100) Cash flows from financing activities Payment on long-term note payable (10,000) (13,000) (3,000) 49,600 13,000 62,600 Net cash used by financing activities