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				$	41,500
Adjustments to convert net income to cash basis:
Depreciation	$	20,600
Increase in accounts receivable		(60,200	)
Increase in inventory		(26,000	)
Decrease in prepaid expenses		10,400
Increase in accounts payable		53,400
Decrease in accrued liabilities		(10,600	)
Increase in income taxes payable		4,900			(7,500	)
Net cash provided by (used in) operating activities					34,000
Investing activities:
Proceeds from the sale of equipment		15,400
Loan to Thomas Company		(40,900	)
Additions to plant and equipment		(120,800	)
Net cash provided by (used in) investing activities					(146,300	)
Financing activities:
Increase in bonds payable		88,700
Increase in common stock		38,400
Cash dividends		(28,700	)
Net cash provided by (used in) financing activities					98,400
Net decrease in cash and cash equivalents					(13,900	)
Beginning cash and cash equivalents					28,900
Ending cash and cash equivalents				$	15,000

Required:

Compute Apex Companys free cash flow for the current year. (Negative amount should be indicated by a minus sign.)