Last year, Webster Farms had annual revenue of $87,200, depreciation of $11,600, cost of goods sold of $54,700, and administrative expenses of $8,300. The firm paid $3,200 in dividends and paid taxes of $2,646. What was the operating cash flow component of the firms free cash flow?

Group of answer choices

$21,500.

$18,300.

$23,100.

$21,554.

$23,700.