A company had the following information for the current year: Net cash provided by operating activities of $32,000 Cash dividends to stockholders of $14,000 The business plans to spend $3,000 to purchase equipment. 1. What is the expected amount of free cash flow for the current year? 2. How is free cash flow used to evaluate business performance? Show all work to receive partial credit. If you plan to submit scrap paper, type "scrap paper" below