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	$	21,100
Increase in accounts receivable		(61,700	)
Increase in inventory		(26,200	)
Decrease in prepaid expenses		9,600
Increase in accounts payable		53,700
Decrease in accrued liabilities		(11,500	)
Increase in income taxes payable		4,300			(10,700	)
Net cash provided by (used in) operating activities					30,800
Investing activities:
Proceeds from the sale of equipment		15,700
Loan to Thomas Company		(40,800	)
Additions to plant and equipment		(121,800	)
Net cash provided by (used in) investing activities					(146,900	)
Financing activities:
Increase in bonds payable		88,900
Increase in common stock		39,500
Cash dividends		(28,800	)
Net cash provided by (used in) financing activities					99,600
Net decrease in cash and cash equivalents					(16,500	)
Beginning cash and cash equivalents					28,800
Ending cash and cash equivalents				$	12,300

Required:

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