cash flow for joyner companys income statement

Joyner Company's income statement for Year 2 follows: Income before taxes Income taxes its balance sheet amounts at the end of Years 1 and 2 are as follows: Equipment that had cost $40,000 and on which thete was accumuiated depreciation of $30,000 was sold during Year 2 for $18.000 The companv declared and oaid a cash dividend durina Year 2. It did not retire anv bonds or reourchase anv of its own stock. Required: 1. Using the indirect method, compute the net cash provided by/used in operating activities for Year 2 2. Prepare a statement of cash flows for Year 2 3. Compute the free cash flow for Year 2 Complete this question by entering your answers in the tabs below. Compute the free cash flow for Year 2 . (Negative amount should be indicated by a minus sign.)