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need help asap! Exercise 13-6 (Algo) Prepare a Statement of Cash Flows; Free Cash Flow [LO13-1, LO13-2, LO13-3] Comparative financial statement data for Carmono Company

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Exercise 13-6 (Algo) Prepare a Statement of Cash Flows; Free Cash Flow [LO13-1, LO13-2, LO13-3] Comparative financial statement data for Carmono Company follow: This Year Last Year Assets Cash $ 10.50 $ 20.80 Accounts receivable 62.80 55.80 Inventory 107 58 94.80 Total current assets 180. 80 169. 80 Property, plant, and equipment 249 . Be 206.80 Less accumulated depreciation 50.40 37.80 Net property, plant, and equipment 198 . 60 168.20 Total assets $ 378.60 $ 338.80 Liabilities and Stockholders' Equity Accounts payable $ 64. 50 $52.80 Common stock 142.80 189. 08 Retained earnings 172.10 177.80 Total liabilities and stockholders equity $ 378-Ge $ 338. 80 For this year, the company reported net income as follows: Sales $ 1. 150.80 Cost of goods sold Gross margin 468.80 Selling and administrative expenses Net income $ 20. 80 This year Cormono declared and paid a cash dividend. There were no sales of property, plant, and equipment during this year. The company did not repurchase any of its own stock this year, Required: 1. Using the indirect method, prepare a statement of cash flows for this year 2. Compute Carmono's free cash flow for this year. Complete this question by entering your answers in the tabs below Required 1 Required 2 Using the indirect method, prepare a statement of cash flows for this year. (Latanya negative amounts. Round your intermediat calculations one final answers to 2 decimal placesly Carmono Company Statement of Cash Flows For This Year Ended December 31 Operating activities: Investing activities. mapcing activities

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