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	$	21,000
Increase in accounts receivable		(60,400	)
Increase in inventory		(26,300	)
Decrease in prepaid expenses		10,300
Increase in accounts payable		55,000
Decrease in accrued liabilities		(11,800	)
Increase in income taxes payable		3,400			(8,800	)
Net cash provided by (used in) operating activities					32,800
Investing activities:
Proceeds from the sale of equipment		15,800
Loan to Thomas Company		(40,200	)
Additions to plant and equipment		(120,000	)
Net cash provided by (used in) investing activities					(144,400	)
Financing activities:
Increase in bonds payable		88,600
Increase in common stock		39,800
Cash dividends		(29,300	)
Net cash provided by (used in) financing activities					99,100
Net decrease in cash and cash equivalents					(12,500	)
Beginning cash and cash equivalents					27,400
Ending cash and cash equivalents				$	14,900

Required:

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