ILULICU U DULUL Creuit in the Stalement of cash flows se U U of the spreadsheet Exercises E16-16 Classifying cash flow items Consider the following transactions: a. Purchased equipment for $130,000 cash. b. Issued $14 par preferred stock for cash. c. Cash received from sales to customers of $35,000. d. Cash paid to vendors, $17,000. e. Sold building for $19,000 gain for cash. f. Purchased treasury stock for $28,000. g. Retired a notes payable with 1,250 shares of the company's common stock Identify the category of the statement of cash flows in which cach transaction woul- be reported J w they M i ll Of cash flows. S16-10 Computing free cash flow Julie Lopez Company expects the following for 2018: Net cash provided by operating activities of $148,000. Net cash provided by financing activities of $56,000. Net cash used for investing activities of $77,000 (no sales of long-term assets) Cash dividends paid to stockholders of $7,000. How much free cash flow does Lopez expect for 2018