Assets Cash BONITA COMPANY Comparative Balance Sheets December 31 Accounts receivable Inventory Property, plant, and equipment Accumulated depreciation Total Liabilities and Stockholders' Equity Accounts payable Income taxes payable Bonds payable 2022 $37,200 33,000 30,400 59,300 (29,300) $130,600 $28,700 7,300 27,400 2021 $19,800 18.700 20,400 78,000 (23,300) $113,600 $ 16,000 8,300 33,100

\begin{tabular}{lrr} Common stock & 18,200 & 14,300 \\ Retained earnings & 49,000 & 41,900 \\ \cline { 2 - 2 } & $130,600 & $113,600 \\ \hline \end{tabular} BONITA COMPNNY Income Statement For the Year Ended December 31, 2022 Sales tevenue Cost of goods sold Gross profit: Selling expenses Administrative expenses income from operations Inferest expense $242,900175,60067,300 $18,600 Further analysis reveals the following. 1. Accounts payable pertain to merchandise suppliers. 2. All operating expenses except for depreciation were paid in cash. 3. All depreciation expense is in the selling expense category. 4. All sales and inventory purchases are on account. BONITA COMPANY Comparative Balance Shects December 31 \begin{tabular}{l|rr} \hline Assets & 2022 & 2021 \\ \hline Cash & $37,200 & $19,800 \\ Accounts receivable & 33,000 & 18,700 \\ Inventory & 30,400 & 20,400 \\ Property, plant, and equipment & $9,300 & 78,000 \\ Accumulated depreciation & (29,300) & (23,300) \\ \hline Total & $130,600 & $113,600 \\ \hline \end{tabular} Liabilities and Stockholders' Equity Accounts payable $28,700 $16,000 Income taxies payable 7,300 8.300 Bonds payable 27.400 33,100 Compute free cashi flow. (Enter negotive amount using either a negotive sizn preceding the number ey, -45 or porentheses eg (45)) BONITA COMPANY Statement of Cash Flows For the Year Ended December 31.2022 Cash Flows from Operating Activities $ Less cash payments: $ Additionaldata: 1. Depreciation expense was $16,100. 2. Dividends dedared and paid were $23,700. 3. During the year, equipment was sold for $8,600 cash. This equipment orizinally cost $18,700 and had accumulated 4. Bonds wereredeumed at their carrying value: 5. Commonstock was bsued at par for cash