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For the year 2017, a company had the net income for $28,750. The additional information is summarized as follows: Description Depreciation expenses Loss on disposal

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For the year 2017, a company had the net income for $28,750. The additional information is summarized as follows: Description Depreciation expenses Loss on disposal of assets Net cash provided by operating activities Purchase of investments Sale of asset Retirement of bonds Amount $4,720 $5,300 $36,840 $6,820 $8,880 $10,000 Compute the free cash flow. a. The free cash flow is $31,140. b. The free cash flow is $30,020. c. The free cash flow is $31,950. d. The free cash flow is $33,070

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