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Comparative financial statement data for Carmono Company follow Assets Cash Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property,

Comparative financial statement data for Carmono Company follow Assets Cash Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets Liabilities and Stockholders' touity Accounts payable Common stock Retained earnings Total liabilities and stockholders' equity For this year, the company reported net income as follows Sales This Year Last Year $13.50 74.00 $ 26.00 67.00 122.50 110.40 210.00 203.40 267.00 55.20 211.80 $421.80 $73.50 218.00 41.40 176.60 $ 300.00 $58.00 127.00 166.00 182.30 $421.80 195.00 $380.00 Cost of goods sold Gross margin Selling and administrative experses Net income $1,450.00 870.00 550.00 560,00 $20.00 This year Carmono declared and paid a cash dividend. There were no sales of property, plant, and equioment during thic usar. The prepare a statement of cash flows for this year. 2. Compute Carmono's free cash flow for this year. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute Carmono's free cash flow for this year. (Negative amount should be indicated by a minus sign. Round your intermediate calculations and final answer to 2 decimal places.) Free cash flow 150.00)

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