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Information for Smith Enterprises is as follows: Capital expenditures $525,000 Depreciation on plant assets 436,000 Cash dividends pald on common stock 200,000 Amortization of patents

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Information for Smith Enterprises is as follows: Capital expenditures $525,000 Depreciation on plant assets 436,000 Cash dividends pald on common stock 200,000 Amortization of patents 21,000 Increase in taxes payable 25,000 Cash provided by operating activities was $1.277,000. Based on the following above Information, free cash flow (from the accounting perspective) would be: Multiple Choice $531,000 $552,000 $525.000 $527,000

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