Apex Company prepared the statement of cash flows shown below: Apex Company Operating activities: Net income Statement of Cash Flows-Indirect Method Adjustments to convert net income to cash basis: Depreciation Increase in accounts receivable Increase in inventory Decrease in prepaid expenses Increase in accounts payable Decrease in accrued liabilities Increase in income taxes payable $ 21,500 (60,600) (25,700) 9,700 $ 41,100 54,900 (10,700) 3,700 Net cash provided by (used in) operating activities Investing activities: (7,200) 33,900 Proceeds from the sale of equipment Loan to Thomas Company 15,000 (41,800) Additions to plant and equipment (120,800) Net cash provided by (used in) investing activities Financing activities: (147,600) Increase in bonds payable 89,100 Increase in common stock 39,900 Cash dividends (28,400) Net cash provided by (used in) financing activities 100,600 (13,100) 27,200 Net decrease in cash and cash equivalents Beginning cash and cash equivalents Ending cash and cash equivalents Required: Compute Apex Company's free cash flow. Note: Negative amount should be indicated by a minus sign. Free cash flow $ 14,100