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Brief Exercise 5-12 Bridgeport Beverage Company reported the following items in the most recent year. Net income $46,100 Dividends paid 5,250 Increase in accounts receivable

Brief Exercise 5-12 Bridgeport Beverage Company reported the following items in the most recent year.

Net income $46,100

Dividends paid 5,250

Increase in accounts receivable 10,560

Increase in accounts payable 7,310

Purchase of equipment (capital expenditure) 9,830

Depreciation expense 4,310

Issue of notes payable 23,750

Compute net cash provided by operating activities, the net change in cash during the year.

(Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Compute free cash flow. Free Cash Flow $

BRIDGEPORT BEVERAGE COMPANY Statement of Cash Flows

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