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In 2020, Lichon Corporation produced and sold 4,800 laptop computers. In order to maintain production at 4,800 laptops. Lichon invested $8,600 in new equipment during

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In 2020, Lichon Corporation produced and sold 4,800 laptop computers. In order to maintain production at 4,800 laptops. Lichon invested $8,600 in new equipment during 2020. At the end of the year, Lichon had total assets of $1,800,000, total liabilities of $1,000,000, and net income of $210,500. Lichon reported $250,000 cash provided by operating activities in 2020. What is Lichon's free cash flow? $201.900 $210,500 None of the listed choices are correct 5241.400 $250.000 In 2020, Lichon Corporation produced and sold 4,800 laptop computers. In order to maintain production at 4,800 laptops. Lichon invested $8,600 in new equipment during 2020. At the end of the year, Lichon had total assets of $1,800,000, total liabilities of $1,000,000, and net income of $210,500. Lichon reported $250,000 cash provided by operating activities in 2020. What is Lichon's free cash flow? $201.900 $210,500 None of the listed choices are correct 5241.400 $250.000

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