6. In the past year, Giro Company had net cash flows of $200 000 from operating activities. It expended $75000 for property, plant, and equipment; sold property, land, equipment for $18000; and paid dividends of $ 32 000. Calculate the companys free cash flow.

7. On January 2, the 1st day of business of the current year, Kamila Company sold a car that cost $ 50 500 and on which $ 33 400 of accumulated depreciation had been recorded. For each of the following assumptions, prepare the journal entry for the disposal: 1 ) the car was sold for $ 17 100 cash. 2) the car was sold for $ 14 000 cash. 3) The car was sold for $ 22 000 cash.