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

Apex Company Statement of Cash FlowsIndirect MethodOperating activities: Net income $ 40,100Adjustments to convert net income to cash basis: Depreciation$ 21,500 Increase in accounts receivable(60,200) Increase in inventory(25,600) Decrease in prepaid expenses10,200 Increase in accounts payable53,400 Decrease in accrued liabilities(11,500) Increase in income taxes payable4,200(8,000)Net cash provided by (used in) operating activities 32,100Investing activities: Proceeds from the sale of equipment15,700 Loan to Thomas Company(41,900) Additions to plant and equipment(120,600) Net cash provided by (used in) investing activities (146,800)Financing activities: Increase in bonds payable88,600 Increase in common stock39,700 Cash dividends(29,200) Net cash provided by (used in) financing activities 99,100Net decrease in cash and cash equivalents (15,600)Beginning cash and cash equivalents 28,900Ending cash and cash equivalents $ 13,300

Required:

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