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Windsor, Inc. Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2020 Cash flows from operating activities Net income Adjustments to reconcile net income to net cash provided by operating activities: Depreciation expense Loss on disposal of plant assets Increase in inventory Decrease in accounts receivable Decrease in accounts payable Net cash provided by operating activities Cash flows from investing activities Sale of investments Purchase of equipment Net cash used by investing activities $56,900 $8,900 8,800 (5,100) 3,500 (2,300)13,800 70,700 2,900 (27,300) (24,400) Cash flows from financing activities Compute free cash flow for Windsor, Inc.. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Free cash flow $