Comparative financial statement data for Carmono Company follow: This Year Last Year Assets Cash Accounts receivable Inventory Total current assets Property, plant, and equipment $ 17.00 33.00 81.00 128.60 242.60 88.00 140.00 245.00 288.00 232.00 Less accumulated 60.80 45.60 depreciation Net property, plant, and equipment Total assets Liabilities and Stockholders' Equity Accounts payable Common stock Retained earnings Total liabilities and stockholders' equity 227.20 186.40 $472.20 429.00 $84.00 65.00 148.00 216.00 194.00 194.20 $472.20 429.00 For this year, the company reported net income as follows Sales Cost of goods sold _1,080.00 Gross margin Selling and administrative expenses Net income $1,800.00 720.00 700.00 $ 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