Comparative financial statement data for Carmono Company follow:

This Year Last Year

Assets

Cash and cash equivalents $ $16\mathrm{.}00$ $ $31\mathrm{.}00$

Accounts receivable $84\mathrm{.}0077\mathrm{.}00$

Inventory $135\mathrm{.}00123\mathrm{.}40$

Total current assets $235\mathrm{.}00231\mathrm{.}40$

Property, plant, and equipment $282\mathrm{.}00228\mathrm{.}00$

Less accumulated depreciation $59\mathrm{.}2044\mathrm{.}40$

Net property, plant, and equipment $222\mathrm{.}80183\mathrm{.}60$

Total assets $ $457\mathrm{.}80$ $ $415\mathrm{.}00$

Liabilities and Stockholders$$ Equity

Accounts payable $ $81\mathrm{.}00$ $ $63\mathrm{.}00$

Common stock $186\mathrm{.}00142\mathrm{.}00$

Retained earnings $190\mathrm{.}80210\mathrm{.}00$

Total liabilities and stockholders$$ equity $ $457\mathrm{.}80$ $ $415\mathrm{.}00$

For this year, the company reported net income as follows:

Sales $ $1,700\mathrm{.}00$

Cost of goods sold $1,020\mathrm{.}00$

Gross margin $680\mathrm{.}00$

Selling and administrative expenses $660\mathrm{.}00$

Net income $ $20\mathrm{.}00$

This year Carmono paid a cash dividend but it did not sell any property, plant, and equipment or repurchase any of its own stock.

Required:

Using the indirect method, prepare a statement of cash flows for this year.

Compute Carmono$$s free cash flow for this year.