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 Adjustments to convert net income to cash basis: $ 41,800 Depreciation Increase in accounts receivable. Increase in inventory Decrease in prepaid expenses Increase in accounts payable Decrease in accrued liabilities Increase in income taxes payable $ 20,000 (61,800) (26,300) 10,300 53,200 (11,700) 3,800. Net cash provided by (used in) operating activities Investing activities: (12,500) 29,300 Proceeds from the sale of equipment 14,000 Loan to Thomas Company (40,700) Additions to plant and equipment (120,700) Net cash provided by (used in) investing activities (147,400) Financing activities: Increase in bonds payable 89,100 Increase in common stock 38,600 Cash dividends (29,500) Net cash provided by (used in) financing activities Net decrease in cash and cash equivalents Beginning cash and cash equivalents 98,200 (19,900) 28,300 Ending cash and cash equivalents $ 8,400 Required: Compute Apex Company's free cash flow for the current year. (Negative amount should be indicated by a minus sign.) Free cash flow