Finished part a just need help with part b. Will give thumbs up!

Presented here are the financial statements of Tamarisk Company. Retained earnings Total Tamarisk Company Income Statement For the Year Ended December 31, 2022 Sales revenue $242,000 Cost of goods sold Gross profit 65,500 Selling expenses $17,325 Administrative expenses 5,77523,100 Income from operations 42,400 Interest expense 39,9002,500 Income before income taxes Income tax expense 7,980$31,920 Additional data: 1. Depreciation expense was $15,900. 2. Dividends declared and paid were $24,620. 3. During the year equipment was sold for $7,600 cash. This equipment cost $17,500 originally and had accumulated depreciation of $9,900 at the time of sale. 4. Bonds were redeemed at their carrying value. 5. Common stock was issued at par for cash. (a) Your answer is correct. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a sign eg. 15,000 or in parenthesis eg. (15,000). Tamarisk Company Statement of Cash Flows - Indirect Method For the Year Ended December 31, 2022 Cash Flows from Operating Activities Net income $ Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense $15900 Increase in Accounts Receivable (13000) Increase in Inventory (10500) Increase in Accounts Payable 11800 Decrease in Income Taxes Payable Net Cash Provided by Operating Activities Cash Flows from Investing Activities Sale of Equipment Net Cash Provided by Investing Activities 7600 7600 Cash Flows from Financing Activities Payment of Dividends (24620) Issuance of Common Stock Net Cash Used by Financing Activities Net Increase in Cash Cash at Beginning of Period Cash at End of Period \begin{tabular}{|ll|} \hline$ & 19000 \\ \hline$6300 \end{tabular} 6 Your answer is incorrect. Compute free cash flow. (Show amounts that decrease cash flow with either a-sign eg. 15,000 or in parenthesis e.g. (15,000).) Free cashflow \$