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				$	40,600
Adjustments to convert net income to cash basis:
Depreciation	$	20,000
Increase in accounts receivable		(61,400	)
Increase in inventory		(25,600	)
Decrease in prepaid expenses		9,400
Increase in accounts payable		53,200
Decrease in accrued liabilities		(10,200	)
Increase in income taxes payable		3,600			(11,000	)
Net cash provided by (used in) operating activities					29,600
Investing activities:
Proceeds from the sale of equipment		15,300
Loan to Thomas Company		(41,700	)
Additions to plant and equipment		(120,300	)
Net cash provided by (used in) investing activities					(146,700	)
Financing activities:
Increase in bonds payable		89,700
Increase in common stock		38,500
Cash dividends		(29,100	)
Net cash provided by (used in) financing activities					99,100
Net decrease in cash and cash equivalents					(18,000	)
Beginning cash and cash equivalents					28,300
Ending cash and cash equivalents				$	10,300

Required:

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

Free cash flow