Moskow Corporation issued the following statement of cash flows for 2022. MOSKOW CORPORATION Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2022 Cash flows from operating activities Net income Adjustments to reconcile net income to net cash $59,000 provided by operating activities: Depreciation expense $9,100 Decrease in accounts receivable 9,500 Increase in inventory (5,000) Decrease in accounts payable (2,200) Loss on disposal of plant assets 3,300 14,700 Net cash provided by operating activities 73,700 Cash flows from investing activities Sale of investments Purchase of equipment Net cash used by investing activities 3,100 (24,200) (21,100) Cash flows from financing activities Issuance of common stock 20,000 Payment on long-term note payable (10,000) Payment for cash dividends (13,000) Net cash used by financing activities (3,000) Net increase in cash 49,600 Cash at beginning of year 13,000 Cash at end of year $62,600 (a) Compute free cash flow for Moskow Corporation. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Free cash flow $