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				$	41,300
Adjustments to convert net income to cash basis:
Depreciation	$	21,300
Increase in accounts receivable		(60,700	)
Increase in inventory		(25,100	)
Decrease in prepaid expenses		10,800
Increase in accounts payable		54,100
Decrease in accrued liabilities		(11,800	)
Increase in income taxes payable		4,900			(6,500	)
Net cash provided by (used in) operating activities					34,800
Investing activities:
Proceeds from the sale of equipment		15,600
Loan to Thomas Company		(40,300	)
Additions to plant and equipment		(122,000	)
Net cash provided by (used in) investing activities					(146,700	)
Financing activities:
Increase in bonds payable		89,900
Increase in common stock		39,800
Cash dividends		(29,000	)
Net cash provided by (used in) financing activities					100,700
Net decrease in cash and cash equivalents					(11,200	)
Beginning cash and cash equivalents					27,800
Ending cash and cash equivalents				$	16,600

Required:

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