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Milford Lighting Supply expects the following for 2016: Net cash provided by operating activities of $285,000 Net cash provided by financing activities of $69,000 Net

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Milford Lighting Supply expects the following for 2016: Net cash provided by operating activities of $285,000 Net cash provided by financing activities of $69,000 Net cash provided by investing activities of $82,000 Cash dividends paid to stockholders of $21,000 Milford expects to spend $156,000 to modernize its showroom. How much free cash flow does Milford expect for 2016? A. $108,000 B. $129,000 C. $113,000 D. $277,000

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