Assistance is needed. final attempt

compute free cash flow

Compute free cash flow. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Free Cash Flow \$ (451) Free Cawh Fato ORIOLE COMPANY Comparative Balance Sheets December 31 \begin{tabular}{lrr} Assets & 2022 & 2021 \\ Cash & $37,400 & $19,900 \\ Accounts receivable & 23,400 & 17,500 \\ Inventory & 30,400 & 21,200 \\ Property, plant, and equipment & 59,600 & 78,000 \\ Accumulated depreciation & (32,400) & (24,000) \\ \hline Total & $118,400 & $112,600 \\ \hline & & \end{tabular} Liabilities and Stockholders' Equity Accounts payable Income taxes payable Bonds payable Common stock Retained earnings Total $118,40046,500$112,60033,850 Additional data: 1. Depreciation expense was $17,300. Additional data: 1. Depreciation expense was $17,300. 2. Dividends declared and paid were $19,350. 3. During the year, equipment was sold for $9,500 cash. This equipment originally cost $18,400 and had accumulated depreciation of $8,900 at the time of sale. 4. Bonds were redeemed at their carrying value. 5. Common stock was issued at par for cash. (a) Your answer is correct. -15.000 or in parenthesis e.8. (15,000).) ORIOLE COMPANY Statement of Cash Flows For the Year Ended December 31,2022 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities * Depreciation Expense Increase in Accounts Receivable Increase in inventory Increase in Accounts Payable Decrease in Income Taxes Payable * Net Cash Provided by Oporating Activities * Cash Flows from Investing Activities Sale of Equipment Net Cash Provided by Investing Activities * Cash Flows from Financing Activities Redemption of Bonds Payment of Dividends Issuance of Common Stock Net Cash Used by Financing Activities Net Increase in Cash Cash at Beginning of Period Cash at End of Period Compute free cash flow. (Enter negative amount using either a negative sign preceding the number e.g. - 45 or parentheses e.g. (45).) Free Cash Flow