Comparative financial statement data for Carmono Company follow. The Year It Yes Asset Cash Accounts receivable Inventory Total current asseta Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total asseto Liabilities and stockholders. Equity Accounts payable Common stock Retained earnings Total liabilities and stockholders' equity 96.00 44.00 85.00 135.00 222.00 43.20 170.80 $ 313.80 $11.00 37.00 91.40 119.40 188.00 32.40 155.60 $ 275.00 $51.00 106.00 156.80 $ 313.80 $43.00 82.00 150.00 $ 275.00 For this year, the company reported net income as follows: Sales Coat of goods sold Grosa margin Selling and administrative expenses Net income $ 700.00 420.00 280.00 260.00 $ 20.00 This year Carmono declared and paid a cash dividend. There were no sales of property, plant, and equipment during this year. The company did not repurchase any of its own stock this year. Required: 1. Using the indirect method, prepare a statement of cash flows for this year, 2. Compute Carmono's free cash flow for this year. Complete this question by entering your answers in the tabs below. Required 1 Required 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 Required 1 Required 2