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		$ 41,600
Adjustments to convert net income to cash basis:
Depreciation	$ 20,000
Increase in accounts receivable	(61,000)
Increase in inventory	(26,800)
Decrease in prepaid expenses	9,900
Increase in accounts payable	53,400
Decrease in accrued liabilities	(11,800)
Increase in income taxes payable	3,000	(13,300)
Net cash provided by (used in) operating activities		28,300
Investing activities:
Proceeds from the sale of equipment	14,100
Loan to Thomas Company	(40,100)
Additions to plant and equipment	(121,000)
Net cash provided by (used in) investing activities		(147,000)
Financing activities:
Increase in bonds payable	88,500
Increase in common stock	39,600
Cash dividends	(28,400)
Net cash provided by (used in) financing activities		99,700
Net decrease in cash and cash equivalents		(19,000)
Beginning cash and cash equivalents		27,600
Ending cash and cash equivalents		$ 8,600

Required:

Compute Apex Companys free cash flow for the current year. (Negative amount should be indicated by a minus sign.)