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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:

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 $ 41,600
Adjustments to convert net income to cash basis:
Depreciation $ 21,800
Increase in accounts receivable (60,400)
Increase in inventory (25,300)
Decrease in prepaid expenses 9,500
Increase in accounts payable 53,600
Decrease in accrued liabilities (10,900)
Increase in income taxes payable 4,700 (7,000)
Net cash provided by (used in) operating activities 34,600
Investing activities:
Proceeds from the sale of equipment 15,000
Loan to Thomas Company (40,900)
Additions to plant and equipment (120,200)
Net cash provided by (used in) investing activities (146,100)
Financing activities:
Increase in bonds payable 89,900
Increase in common stock 38,600
Cash dividends (28,800)
Net cash provided by (used in) financing activities 99,700
Net decrease in cash and cash equivalents (11,800)
Beginning cash and cash equivalents 27,200
Ending cash and cash equivalents $ 15,400

Required:

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

FREE CASH FLOW_____

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