Joyner Company's income statement for Year $2$ follows:

Its balance sheet amounts at the end of Years $1$ and $2$ are as follows:

Equipment that had cost $$31,900$ and on which there was accumulated depreciation of $$10,500$ was sold during Year $2$ for $$29,400.$

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:

Using the indirect method, compute the net cash provided by$/$used in operating activities for Year $2.$

Prepare a statement of cash flows for Year $2.$

Compute the free cash flow for Year $2.$

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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.$)$