Calculate free cash flow

NOSKER COMPANY Statement of Cash Flows For the Year Ended December 31, 2020 Cash Flows from Operating Activities 28,200 Net Income Adjustments to reconcile net income to i Net Cash Provided by Operating Activities # Depreciation Expense 16,650 Increase in Accounts Receivable -13700 Increase in Inventory Increase in Accounts Payable Decrease in Income Taxes Payable 5500 11650 -900 8200 Net Cash Provided by Operating Activities 36400 Cash Flows from Investing Activities Sale of Equipment 7,550 Net Cash Provided by Investing Activities 7,550 Net Cash Provided by Investing Activities 7,550 Cash Flows from Financing Activities Payment of Dividends -26,800 Issuance of Common Stock 2450 Redemption of Bonds -4800 Net Cash Used by Financing Activities 29150 Net Increase in Cash 14800 Cash at Beginning of Period 19,800 Cash at End of Period 34,600 Click if you would like to Show Work for this question: Open Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Attempts: 15 of 15 used