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Apex Company prepared the statement of cash flows for the current year that is shown below Apex Company Statement of Cash Flows Indirect Method Operating

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Apex Company prepared the statement of cash flows for the current year that is shown below Apex Company Statement of Cash Flows Indirect Method Operating activities Net income $ 41,400 Adjustments to convert net income to cash basis $ 20,700 (61,100) (25,900) 10,200 54,200 (10,200) 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 4,700 (7,400) 34,000 Net cash provided by operating activities Investing activities Proceeds from the sale of equipment Loan to Thomas Company Additions to plant and equipment 14,100 (40,400) (120,300) (146,600) Net cash used for investing activities Financing activities Incre Increase in common stock Cash dividends 89,300 38,600 (29,900) ase in bonds payable Net cash provided by financing activities 98,000 Net decrease in cash Beginning cash balance (14,600) 27,800 Ending cash balance $ 13,200 Required Compute Apex Company's free cash flow for the current year. (Negative amount should be indicated by a minus sign.) Free cash flow

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