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 $ $41,000$

Adjustments to convert net income to cash basis:

Depreciation $ $21,100$

Increase in accounts receivable $(61,800)$

Increase in inventory $(26,000)$

Decrease in prepaid expenses $10,800$

Increase in accounts payable $54,900$

Decrease in accrued liabilities $(11,500)$

Increase in income taxes payable $4,200(8,300)$

Net cash provided by $($used in$)$ operating activities $32,700$

Investing activities:

Proceeds from the sale of equipment $15,900$

Loan to Thomas Company $(40,300)$

Additions to plant and equipment $(120,800)$

Net cash provided by $($used in$)$ investing activities $(145,200)$

Financing activities:

Increase in bonds payable $88,700$

Increase in common stock $38,200$

Cash dividends $(28,900)$

Net cash provided by $($used in$)$ financing activities $98,000$

Net decrease in cash and cash equivalents $(14,500)$

Beginning cash and cash equivalents $27,400$

Ending cash and cash equivalents $ $12,900$

Required:

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