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	$	22,000
Increase in accounts receivable		(60,800	)
Increase in inventory		(25,600	)
Decrease in prepaid expenses		10,400
Increase in accounts payable		54,100
Decrease in accrued liabilities		(11,400	)
Increase in income taxes payable		3,600			(7,700	)
Net cash provided by (used in) operating activities					33,800
Investing activities:
Proceeds from the sale of equipment		15,800
Loan to Thomas Company		(40,100	)
Additions to plant and equipment		(120,400	)
Net cash provided by (used in) investing activities					(144,700	)
Financing activities:
Increase in bonds payable		88,800
Increase in common stock		40,000
Cash dividends		(28,600	)
Net cash provided by (used in) financing activities					100,200
Net decrease in cash and cash equivalents					(10,700	)
Beginning cash and cash equivalents					27,600
Ending cash and cash equivalents				$	16,900

Required:

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