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				$	40,100
Adjustments to convert net income to cash basis:
Depreciation	$	21,300
Increase in accounts receivable		(61,600	)
Increase in inventory		(26,900	)
Decrease in prepaid expenses		10,800
Increase in accounts payable		55,000
Decrease in accrued liabilities		(10,900	)
Increase in income taxes payable		4,200			(8,100	)
Net cash provided by (used in) operating activities					32,000
Investing activities:
Proceeds from the sale of equipment		14,200
Loan to Thomas Company		(40,300	)
Additions to plant and equipment		(121,300	)
Net cash provided by (used in) investing activities					(147,400	)
Financing activities:
Increase in bonds payable		89,500
Increase in common stock		38,800
Cash dividends		(29,000	)
Net cash provided by (used in) financing activities					99,300
Net decrease in cash and cash equivalents					(16,100	)
Beginning cash and cash equivalents					27,700
Ending cash and cash equivalents				$	11,600

Required:

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