Apex Company prepared the statement of cash flows for the current year that is shown below:

Apex Company Statement of Cash FlowsIndirect Method
Operating activities:
Net income				$	41,100
Adjustments to convert net income to cash basis:
Depreciation	$	22,000
Increase in accounts receivable		(61,600	)
Increase in inventory		(26,300	)
Decrease in prepaid expenses		9,300
Increase in accounts payable		53,200
Decrease in accrued liabilities		(10,000	)
Increase in income taxes payable		3,400			(10,000	)
Net cash provided by (used in) operating activities					31,100
Investing activities:
Proceeds from the sale of equipment		15,700
Loan to Thomas Company		(40,000	)
Additions to plant and equipment		(120,200	)
Net cash provided by (used in) investing activities					(144,500	)
Financing activities:
Increase in bonds payable		88,500
Increase in common stock		39,600
Cash dividends		(29,200	)
Net cash provided by (used in) financing activities					98,900
Net decrease in cash and cash equivalents					(14,500	)
Beginning cash and cash equivalents					27,800
Ending cash and cash equivalents				$	13,300

Required:

Compute Apex Companys free cash flow for the current year.