Apex Company prepared the statement of cash flows for the current year that is shown below: Apex Company Statement of Cash Flows-Indirect Method Operating activities: Net income $ 41,200 Adjustments to convert net income to cash basis: Depreciation Increase in accounts receivable Increase in inventory $ 20,100 (61,000) (25,600) Decrease in prepaid expenses 10,300 Increase in accounts payable 53,700 Decrease in accrued liabilities (11,600) Increase in income taxes payable 4,900 Net cash provided by (used in) operating activities Investing activities: (9,200) 32,000 Proceeds from the sale of equipment 14,500 Loan to Thomas Company (41,000) Additions to plant and equipment (121,600) Net cash provided by (used in) investing activities (148,100) Financing activities: Increase in bonds payable 89,800 Increase in common stock 40,000 Cash dividends (29,500) Net cash provided by (used in) financing activities Net decrease in cash and cash equivalents Beginning cash and cash equivalents 100,300 (15,800) 28,800 Ending cash and cash equivalents $ 13,000 Required: Compute Apex Company's free cash flow for the current year. (Negative amount should be indicated by a minus sign.) Free cash flow