Apex Company prepared the statement of cash flows for the current year that is shown below: Apex Company Statement of Cash FlowsIndirect Method Operating activities: Net income $ 41,900 Adjustments to convert net income to cash basis: Depreciation $ 20,100 Increase in accounts receivable (60,500) Increase in inventory (26,200) Decrease in prepaid expenses 10,000 Increase in accounts payable 54,400 Decrease in accrued Liabilities (11,800) Increase in income taxes payable 5,000 (9,000) Net cash provided by (used in) operating activities 32,900 Investing activities: Proceeds from the sale of equipment 15,000 Loan to Thomas Company (40,800) Additions to plant and equipment (121,400) Net cash provided by (used in) investing activities (147,200) Financing activities: Increase in bonds payable 89,500 Increase in common stock 39,000 Cash dividends (28,900) Net cash provided by (used in) financing activities 99,600 Net decrease in cash and cash equivalents (14,700) Beginning cash and cash equivalents 28,900 Ending cash and cash equivalents $ 14.200 Requhed: Compute Apex Company's free cash flow for the current year. (Negative amount should be indicated by a minus sign.) $