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 $ 41,700 Adjustments to convert net income to cash basis: Depreciation $ 21,900 Increase in accounts receivable (61,300) Increase in inventory (25,500) Decrease in prepaid expenses 10,900 Increase in accounts payable 55,000 Decrease in accrued liabilities (11,700) Increase in income taxes payable 4,400 (6,300) Net cash provided by operating activities 35,400 Investing activities: Proceeds from the sale of equipment 15,700 Loan to Thomas Company (41,900) Additions to plant and equipment (120,900) Net cash used for investing activities (147,100) Financing activities: Increase in bonds payable 88,000 Increase in common stock 39,500 Cash dividends (28,400) Net cash provided by financing activities 99,100 Net decrease in cash (12,600) Beginning cash balance 27,200 Ending cash balance $ 14,600 Required: Compute Apex Companys free cash flow for the current year. (Negative amount should be indicated by a minus sign.)