Depreciation Increase in accounts receivable Increase in inventory Decrease in prepaid expenses Apex Company prepared the statement of cash flows for the current year that is shown below. Operating activities: Net income Apex Company Statement of Cash Flows-Indirect Method Adjustments to convert net income to cash basis: $ 20,100 (60,600) (26,400) $ 41,800 9,300 Increase in accounts payable 53,100 Decrease in accrued liabilities (10,600) Increase in income taxes payable 3,800 Net cash provided by (used in) operating activities (11,300) 30,500 Investing activities: Proceeds from the sale of equipment 15,600 Loan to Thomas Company (40,300) Additions to plant and equipment (120,300) Net cash provided by (used in) investing activities (145,000) Financing activities: Increase in bonds payable 89,200 Increase in common stock 39,900 Cash dividends (29,900) Net cash provided by (used in) financing activities Net decrease in cash and cash equivalents Beginning cash and cash equivalents 99,200 (15,300) 28,500 Ending cash and cash equivalents $ 13,200 Required: Compute Apex Company's free cash flow for the current year. (Negative amount should be indicated by a minus sign.) Free cash flow