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6. Presented below is the Statement of Cash Flows for EMG Originals Clothing Company EMG ORIGINALS CLOTHING COMPANY Statement of Cash Flows For Year Ended

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6. Presented below is the Statement of Cash Flows for EMG Originals Clothing Company EMG ORIGINALS CLOTHING COMPANY Statement of Cash Flows For Year Ended December 31, 2019 Cash flows from operating activities Received from sales to customers Interest income received Payment for inventory Payment to employees Net increase from operating activities Cash flows from investing activities Payment for stock of another company Payment for purchase of equipment Net decrease from Investing activities $1,500,000 30,000 (240.000) (180,000) $ 1.110,000 (150.000) (600.000) $(750,000) Cash flows from financing activities Received from loans from bank From Issuance of common stock From issuance of bonds Payment of dividends Net increase from financing activities S 150.000 450,000 300.000 (60.000) 5.840.000 Net increase in cash $ 1.200.000 Determine the company's free cash flow A) (5450,000) B) $360,000 C) $540,000 D) $510,000

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