1. Depreciation expense was $15,200. 2. Dividends declared and paid were $25,700. 3. During the year, equipment was sold for $8,800 cash. This equipment originally cost $17,500 and had accumulated depreciation of $8,700 at the time of sale. 4. Bonds were redeemed at their carrying value. 5. Common stock was issued at par for cash. 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 \$