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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:

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 $ 20,200
Increase in accounts receivable (60,100)
Increase in inventory (26,200)
Decrease in prepaid expenses 10,500
Increase in accounts payable 53,400
Decrease in accrued liabilities (10,700)
Increase in income taxes payable 4,500 (8,400)
Net cash provided by operating activities 33,300
Investing activities:
Proceeds from the sale of equipment 14,300
Loan to Thomas Company (41,800)
Additions to plant and equipment (120,900)
Net cash used for investing activities (148,400)
Financing activities:
Increase in bonds payable 90,000
Increase in common stock 39,000
Cash dividends (28,300)
Net cash provided by financing activities 100,700
Net decrease in cash (14,400)
Beginning cash balance 27,000
Ending cash balance $ 12,600

Required:

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

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