Comparative financial statement data for Carmono Company follow: This Year $ 5.80 5 Year Assets Cash Accounts receivable Inventory Total current assets Property, plant, and equipment $ 9.00 33.00 66. 20 40.00 80.0020 125. 166-2 0.83 points 216.00 41.60 174.40 $299.40 184.80 31.20 152.80 $261.00 Less accumulated depreciation Net property, plant, and equipment Total assets Skipped Liabilities and Stockholders' Equity Accounts payable Common stock Retained earnings S 48.00 98.00 153.40 $299.40 S 41.00 144.0 $261.00 76.00 eBook Total liabilities and stockholders' equity Hint For this year, the company reported net income as follows: Sales Cost of goods sold Gross margin Selling and administrative expenses Net income $680.08 368.00 248.00 220.00 $ 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 5 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. 0.83 points Complete this question by entering your answers in the tabs below Skipped Required Required 2 eBook 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.) Hint Carmono Company Statement of Cash Flows For This Year Ended December 31 Operating activities: Operating activities 5 0.83 points 0.00 0.00 Investing activities eBook Hint 0.00 Financing activities 0.00 0.00 Beginning cash and cash equivalents Ending cash and cash equivalents 0.00 Ner income 5 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. 0.83 points Complete this question by entering your answers in the tabs below eBook Required 1 Required 2 Hint References 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