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Flounder Beverage Company reported the following items in the most recent year. Net income $45,600 Dividends paid 6,730 Increase in accounts receivable 13,350 Increase in

Flounder Beverage Company reported the following items in the most recent year.

Net income $45,600
Dividends paid 6,730
Increase in accounts receivable 13,350
Increase in accounts payable 8,450
Purchase of equipment (capital expenditure) 9,070
Depreciation expense 5,450
Issue of notes payable 23,890

1) Compute net cash provided by operating activities, the net change in cash during the year. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

2) Compute free cash flow

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