Apex Company prepared the statement of cash flows for the current year that is shown below: Operating activities: Net income Apex Company Statement of Cash Flows-Indirect Method Adjustments to convert net income to cash basis: Depreciation $ 40,200 $ 21,400 Increase in accounts receivable Increase in inventory Decrease in prepaid expenses Increase in accounts payable Decrease in accrued liabilities (61,100) (26,900) 9,300 53,400 Increase in income taxes payable net cash provided by (used in) operating activities (11,100) 4,500 (10,500) 29,700 Investing activities: Proceeds from the sale of equipment Loan to Thomas Company 15,600 (41,100) Additions to plant and equipment (121,400) Het cash provided by (used in) investing activities (146,900) Financing activities: Increase in bonds payable Increase in common stock Cash dividends tiet cash provided by (used in) financing activities Set decrease in cash and cash equivalents Beginning cash and cash equivalents Ending cash and cash equivalents Required: 89,500 39,000 (28,700) 99,800 (17,400) 27,800 $ 10,400 Compute Apex Company's free cash flow for the current year. (Negative amount should be indicated by a minus sign.)