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$ 41,800 $ 20,100 (60,700) (25,800) 11,000 53,600 (11,300) 4.700 (8.400) 33,400 Apex Company Statement of Cash Flows-Indirect Method Operating activities: Net income Adjustments to

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$ 41,800 $ 20,100 (60,700) (25,800) 11,000 53,600 (11,300) 4.700 (8.400) 33,400 Apex Company Statement of Cash Flows-Indirect Method Operating activities: Net income Adjustments to convert net income to cash basis: Depreciation Increase in accounts receivable Increase in inventory Decrease in prepaid expenses Increase in accounts payable Decrease in accrued liabilities Increase in income taxes payable Net cash provided by (used in) operating activities Investing activities: Proceeds from the sale of equipment Loan to Thomas Company Additions to plant and equipment Net canh provided by used in) inventing activities Tinancing activities Increase in bonds payable Increase in common stock Cash dividends Net cash provided by used in financing activities Net decrease in cash and cash equivalenta Beginning cash and cash equivalents Ending cash and cash equivalenta 14,200 (41,300) (120,300) (147.400) 89,000 39,500 (28,700) 99,800 (14,200) 29, 100 $ 13,900 Required: Compute Apex Company's free cash flow for the current year. (Negative amount should be indicated by a minus sign.)

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