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McKnight Exercise Equipment, Inc. reported the following statement of cash flows for 2016 5 Click the icon to view the statement of cash flows.) McKnight
McKnight Exercise Equipment, Inc. reported the following statement of cash flows for 2016 5 Click the icon to view the statement of cash flows.) McKnight plans to purchase a truck for $23,000 and a forklift for $119,000 next year. In addition, it plans to pay cash dividends of $2,500. Assuming McKnight plans similar activity for 2017, what would be the amount of free cash flow? (Abbreviations used: Cash pmts for planned invest. Cash payments for planned investments in long-term assets; NCFA Net cash provided by financing activities; NCOA Net cash provided by operating activities. Use parentheses or a minus sign to show negative free cash flow) Select the labels and enter the amounts to calculate McKnight's free cash flow for 2017 Free cash flow
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