Obermeyer Corporation issued the following statement of cash flows for 2015. (a) Compute free cash flow for Obermeyer Corporation

Obermeyer Corporation issued the following statement of cash flm.'s for 2015. OBERMEYER CORPORATION StatBIW1t of FlowsIndirect Meth(xf the Year Fndcyi 31, '015 Cash flows from operating activities Net income Adjustments to reconcile net income to net cash provided by operating activities: Depreciation expense LOSS on disposal Of equipment Increase in inventory Decrease in accounts receivable Decrease in accounts payable Net cash provided by operating activities Cash flows from investing activities Sale of investments Purchase of equipment Net cash used by investing activities Cash flows from financing activities Issuance of stock Payment on long-term note payable payment for dlvidends Net cash used by financing activities Net increase in cash Cash at beginning of year Cash at end of year Compute free cash flow for Obermeyer Corporation. Free cash flow for Obermeyer Corporation $9,240 9,450 (4,850) 3,560 (2,040) 3,290 (28,310) 21,110 (10,840) (16,780) $55,430 15,360 70,790 (25,020) (6,510) 39,260 13,540 52 800