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mework Saved Operating activities: Net income Statement of Cash Flows-Indirect Method Adjustments to convert net income to cash basis: Depreciation Increase in accounts receivable

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mework Saved Operating activities: Net income Statement of Cash Flows-Indirect Method Adjustments to convert net income to cash basis: Depreciation Increase in accounts receivable $ 21,000 $ 41,700 Increase in inventory Decrease in prepaid expenses Increase in accounts payable Decrease in accrued liabilities Increase in income taxes payable Net cash provided by (used in) operating activities Investing activities: (61,800) (25,300) 9,600 54,700 (10,500) 4,300 (8,000) 33,700 Proceeds from the sale of equipment Loan to Thomas Company 15,500 (40,400) Additions to plant and equipment (121,100) Net cash provided by (used in) investing activities Financing activities: (146,000) Increase in bonds payable Increase in common stock Cash dividends Net cash provided by (used in) financing activities Net decrease in cash and cash equivalents Beginning cash and cash equivalents Ending cash and cash equivalents 89,800 38,200 (28,800) 99,200 (13,100) 27,800 $ 14,700 Required: Compute Apex Company's free cash flow for the current year (Negative amount should be indicated by a minus sign.) Free cash flow Help

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