Exercises Saved 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 Methodi Adjustments to convert net income to cash basis: $ 41,600 Depreciation Increase in accounts receivable $ 21,500 (61,100) Increase in inventory (26,900) Decrease in prepaid expenses 10,000 Increase in accounts payable 54,900 Decrease in accrued liabilities (11,600) Increase in income taxes payable 4,400 (8,800) Net cash provided by (used in) operating activities 32,800 Investing activities: Proceeds from the sale of equipment 15,300 Loan to Thomas Company (40,200) Additions to plant and equipment (121,200) Net cash provided by (used in) investing activities (146,100) Financing activities: Increase in bonds payable 89,200 Increase in common stock 38,700 ences Cash dividends (29,200) Net cash provided by (used in) financing activities Net decrease in cash and cash equivalents 98,700 (14,600) Beginning cash and cash equivalents 28,200 Ending cash and cash equivalents $ 13,600 Required: Compute Apex Company's free cash flow for the current year. (Negative amount should be indicated by a minus sign.) Free cash flow +