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Exercise 15-6 (Algo) Prepare a Statement of Cash Flows; Free Cash Flow [LO15-1, LO15-2, LO15-3] Comparative financial statement data for Carmono Company foliow: For this

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Exercise 15-6 (Algo) Prepare a Statement of Cash Flows; Free Cash Flow [LO15-1, LO15-2, LO15-3] Comparative financial statement data for Carmono Company foliow: For this year, the company reported net income as follows: This year Carmono deciared 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: 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

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