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Comparative financial statement data for Carmono Company follow This Last Year Year Assets Cash Accounts receivable Inventory 11.50 22.00 66.00 59.00 112.50 100.00 190.00 181.00

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Comparative financial statement data for Carmono Company follow This Last Year Year Assets Cash Accounts receivable Inventory 11.50 22.00 66.00 59.00 112.50 100.00 190.00 181.00 Total current assets 255.00 210.00 Property, plant, and equipment 52.00 39.00 Less accumulated depreciation 203.00 171.00 Net property, plant, and equipment 393.00e 352.00 Total assets Liabilities and Stockholders' Equity 67.50 54.00 150.00 115.00 175.50 183.00 Accounts payable Common stock Retained earnings Total liabilities and stockholders equity 393.00 352.00 For this year, the company reported net income as follows: $1,250.00 750.00 Sales Cost of goods sold Gross margin Selling and 500.00 administrative expenses $ 20.00 Net income 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 (List any deduction in cash and cash outflows as negative amounts Round your intermediate calculations and final answers to 2 decimal places.) Carmono Company Statement of Cash Flows-Indirect Method For This Year Ended December 31 Operating activities Adjustments to convert net income to a cash basis This is a numeric cell, so please enter numbers only 0.00 0.00 Investing activities 0.00 Financing activities 0.00 0.00 Beginning cash and cash equivalents Ending cash and cash equivalents $0.00 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

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