Exercise 12-6 Prepare a Statement of Cash Flows, Free Cash Flow LLO12-1, L012-2, LO12-3] Comparative financial statement data for Carmono Company follow: This Year Last Year Assets Cash 8.50 16.00 54.00 Accounts receivable 47.00 Inventory 97.50 84.40 Total current assets 160.00 147.40 Property, plant, and equipment 237.00 198.00 Less accumulated depreciation 47.20 35.40 Net property, plant, and equipment 189.80 162.60 349.80 310.00 Total assets Liabilities and Stockholders' Equity Accounts payable 58.50 48.00 97.00 126.00 Common stock Retained earnings 165.30 165.00 Total liabilities and stockholders' equity 349.80 310.00