Joyner Companys income statement for Year 2 follows:

Sales	$	707,000
Cost of goods sold		390,000
Gross margin		317,000
Selling and administrative expenses		216,000
Net operating income		101,000
Gain on sale of equipment		10,000
Income before taxes		111,000
Income taxes		33,300
Net income	$	77,700

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

	Year 2		Year 1
Assets
Cash	$	23,300	$	102,900
Accounts receivable		253,000		118,000
Inventory		319,000		277,000
Prepaid expenses		8,500		17,000
Total current assets		603,800		514,900
Property, plant, and equipment		636,000		505,000
Less accumulated depreciation		166,700		130,600
Net property, plant, and equipment		469,300		374,400
Loan to Hymans Company		45,000		0
Total assets	$	1,118,100	$	889,300
Liabilities and Stockholders' Equity
Accounts payable	$	312,000	$	265,000
Accrued liabilities		41,000		54,000
Income taxes payable		84,200		81,300
Total current liabilities		437,200		400,300
Bonds payable		209,000		102,000
Total liabilities		646,200		502,300
Common stock		330,000		289,000
Retained earnings		141,900		98,000
Total stockholders' equity		471,900		387,000
Total liabilities and stockholders' equity	$	1,118,100	$	889,300

Equipment that had cost $30,200 and on which there was accumulated depreciation of $10,600 was sold during Year 2 for $29,600. 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:
1.	Using the indirect method, compute the net cash for operating activities for Year 2. (Negative amount should be indicated by a minus sign.)

2.	Prepare a statement of cash flows for Year 2. (List any deduction in cash and cash outflows as negative amounts.)

3.	Compute the free cash flow for Year 2. (Negative amount should be indicated by a minus sign.)