Its balance sheet amounts at the end of Years 1 and 2 are as follows: Year 2 Year 1 $ 60,700 $ 42,400 261,000 144,000 318,000 285,000 10,500 21,000 650,200 492,400 621,000 514,000 166,600 130,500 454,400383,500 47,000 $1,151,600 $875,900 Assets Cash and cash equivalents Accounts receivable Inventory Prepaid expenses Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Loan to Hymans Company Total assets Liabilities and Stockholders' Equity Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 312,000 $263,000 46,000 56,000 85,000 89,900 443,000 399,900 201,000 111,000 644,000 510,900 341,000 274,000 166,600 91,000 507,600365,000 $1,151,600 $875,900 Equipment that had cost $31,500 and on which there was accumulated depreciation of $10,500 was sold during Year 2 for $30.000 The company declared and paid a cash dividend during Year 2. It did not retire any bonds or repurchase any of its own stock Required: Required: 1. Using the indirect method, compute the net cash provided by used in operating activities for Year 2 2. Prepare a statement of cash flows for Year 2 3. Compute the free cash flow for Year 2 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Using the indirect method, compute the net cash provided by/used in operating activities for Year 2. (List any deduction in cash outflows as negative amounts.) Joyner Company Statement of Cash Flows-Indirect Method (partial) Required 1 Required 2 Required 3 Prepare a statement of cash flows for Year 2. (List any deduction in cash and cash outflows as negative amounts.) Joyner Company Statement of Cash Flows For Year 2 Operating activities: Investing activities: Financing activities: Beginning cash and cash equivalents Ending cash and cash equivalents Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the free cash flow for Year 2. (Negative amount should be indicated by a minus sign.) Free cash flow