Comparative financial statement data for Carmono Company follow This YearLast Year Assets Cash Accounts receivable Inventory Total current assets Property, plant, and equipment S 17.50 90.00 142 .50 250.00 291.00 61.60 $ 34.00 83.00 131.20 248.20 234.00 46.20 187.80 436.00 Less accumulated depreciation Net property, plant, and equipment Total assets Liabilities and Stockholders' Equity Accounts payable Common stock Retained earnings Total liabilities and stockholders' equity 229.40187,8 $479.40 $ 85.50 198.00 S 66.00 151.00 195.90 219.80 $479.40 $436.00 For this year, the company reported net income as follows: Sales Cost of goods sold Gross margin Selling and administrative expenses Net income $1,850.00 1,110.00 740.00 720.00 S 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 Required 1 Required 2 Using the indirect method, prepare a statement of cash flows for tfis year. (List any deduction in negative amounts. Round your intermediate calculations and final nswers to 2 d edimal places.) Carmono Company Statement of Cash Flows For This Year Ended December 31 Operating activities: Investing activities Financing activities: Beginning cash and cash equivalents Ending cash and cash equivalents Required 2