Brief Exercise 5-12 Headland Beverage Company reported the following items in the most recent year. Net income Dividends paid Increase in accounts receivable Increase in accounts payable Purchase of equipment (capital expenditure) Depreciation expense Issue of notes payable $43,000 5,890 11,040 7,780 9,610 4,780 22,400 Compute net cash provided by operating activities, the net change in cash during the year. (Show amounts that decrease cash flow with either a HEADLAND BEVERAGE COMPANY Statement of Cash Flows $ 7 $ 7 7 Compute free cash flow. Free Cash Flow