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: Depreciation $ 40,000 $ 20,500 Increase in accounts receivable Increase in inventory (62,000) (26,800) Decrease in prepaid expenses 9,800 Increase in accounts payable 53,400 Decrease in accrued liabilities (11,800) Increase in income taxes payable 3,500 Net cash provided by (used in) operating activities (13,400) 26,600 Investing activities: Proceeds from the sale of equipment 14,800 Loan to Thomas Company (41,800) Additions to plant and equipment (120,300) Net cash provided by (used in) investing activities Financing activities: (147,300) Increase in bonds payable Increase in common stock 89,600 39,700 Cash dividends (29,200) Net cash provided by (used in) financing activities Net decrease in cash and cash equivalents 100,100 (20,600) Beginning cash and cash equivalents 27,800 Ending cash and cash equivalents $ 7,200 Required: Compute Apex Company's free cash flow for the current year. (Negative amount should be indicated by a minus sign.) Free cash flow