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Julia Jackson Company expects the following for 2018: Net cash provided by operating activities of $150,000. Net cash provided by financing activities of $64,000. Net

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Julia Jackson Company expects the following for 2018: Net cash provided by operating activities of $150,000. Net cash provided by financing activities of $64,000. Net cash used for investing activities of $86,000 (no sales of long-term assets). Cash dividends paid to stockholders of $12,000. How much free cash flow does Jackson expect for 2018? Select the labels and enter the amounts to calculate the expected free cash flow for 2018. (Abbreviations used: Cash pmts for planned invest. = Cash payments for planned investments; NCOA = Net cash provided by operating activities; NCFA = Net cash provided by financing activities.) Free cash flow 11

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