MNO Company reported the following information for its most recent year: Item Cash received from issuance of common stock Cash collected on sales to customers Cash paid to purchase equipment amount $ 50,000 140,000 (25,000) Cash paid for selling expenses (15,000) Cash paid to purchase inventory (60,000) Cash received upon issuance of a note payable 32,000 Cash paid for general & administrative (G&A) expenses (18,000) Cash dividends paid (5.000) Change in cash for the year $99.000 Calculate MNO Company's "free cash flow" (net cash flow from operating activities-capital expenditures-cash dividends] for the year Multiple Choice $99,000 $65,000 $40,000 $17,000