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Clayborn Corporation's net cash provided by operating activities was $77,000; its net income was $71,000; its income taxes were $31,000; its capital expenditures were $50,000;

Clayborn Corporation's net cash provided by operating activities was $77,000; its net income was $71,000; its income taxes were $31,000; its capital expenditures were $50,000; and its cash dividends were $19,000.

1. Determine the company's free cash flow.

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