Apex Company prepared the statement of cash flows for the current year that is shown below: Apex Company Depreciation Increase in accounts receivable Increase in inventory Operating activities: Net income Statement of Cash Flows-Indirect Method Adjustments to convert net income to cash basis: $ 20,500 (61,900) (26,500) $ 41,100 Decrease in prepaid expenses 10,700 Increase in accounts payable 53,200 Decrease in accrued liabilities (12,000) Increase in income taxes payable 3,800 Net cash provided by (used in) operating activities Investing activities: (12,200) 28,900 Proceeds from the sale of equipment 14,500 Loan to Thomas Company (40,900) Additions to plant and equipment (121,300) Net cash provided by (used in) investing activities Financing activities: (147,700) Increase in bonds payable Increase in common stock 89,700 39,600 Cash dividends (28,900) Net cash provided by (used in) financing activities Net decrease in cash and cash equivalents Beginning cash and cash equivalents 100, 400 (18,400) 27,900 Ending cash and cash equivalents $ 9,500 Required: Compute Apex Company's free cash flow for the current year. (Negative amount should be indicated by a minus sign.)