$55,500 (4,700) 14,100 69,600 Whispering Winds Corp. Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2019 Cash flows from operating activities Net income Adjustments to reconcile net income to net cash provided by operating activities: Depreciation expense $9,200 Loss on disposal of plant assets 8,800 Increase in inventory Decrease in accounts receivable 3,100 Decrease in accounts payable (2,300) Net cash provided by operating activities Cash flows from investing activities Sale of investments 3,200 Purchase of equipment (25,300) Net cash used by investing activities Cash flows from financing activities Issuance of stock 19,000 Payment on long-term note payable (11,300) Payment for dividends (17,300) Net cash used by financing activities Net increase in cash Cash at beginning of year Cash at end of year (22,100) (9,600) 37,900 13,700 $51,600 (a) Compute free cash flow for Whispering Winds Corp.. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Free cash flow [ Free cash flow 44,300 44,300