Joyner Company's income statement for Year 2 follows:

Sales $ 707,000

Cost of goods sold 131,000

Gross margin 576,000

Selling and administrative expenses 217,000

Net operating income 359,000

Gain on sale of equipment 9,000

Income before taxes 368,000

Income taxes 110,400

Net income $ 257,600

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

Year 2 Year 1

Assets

Cash $ 188,000 $ 53,000

Accounts receivable 277,000 149,000

Inventory 320,000 279,000

Prepaid expenses 9,500 19,000

Total current assets 794,500 500,000

Property, plant, and equipment 631,000 512,000

Less accumulated depreciation 165,700 131,300

Net property, plant, and equipment 465,300 380,700

Loan to Hymans Company 43,000 0

Total assets $ 1,302,800 $ 880,700

Liabilities and Stockholders' Equity

Accounts payable $ 317,000 $ 261,000

Accrued liabilities 49,000 55,000

Income taxes payable 84,700 81,700

Total current liabilities 450,700 397,700

Bonds payable 198,000 120,000

Total liabilities 648,700 517,700

Common stock 339,000 274,000

Retained earnings 315,100 89,000

Total stockholders' equity 654,100 363,000

Total liabilities and stockholders' equity $ 1,302,800 $ 880,700

Equipment that had cost $31,600 and on which there was accumulated depreciation of $11,200 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.

Explain for me please in clear:

1) the net cash for operating activities for Year 2, using the in-direct method

2) statement of cash flows for Year 2

3) the free cash flow for Year 2.