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Net income for the year for Bridgeport, Inc. was $740,000, but the statement of cash flows reports that net cash provided by operating activities
Net income for the year for Bridgeport, Inc. was $740,000, but the statement of cash flows reports that net cash provided by operating activities was $845,000. Bridgeport also reported capital expenditures of $70,000 and paid dividends in the amount of $25,000. Compute Bridgeport's free cash flow. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Free cash flow $ 80000
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