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Packard Corporation reports the following information: Net cash provided by operating activities $275,000 Average current liabilities 150,000 Average non-current liabilities 100,000 Dividends paid 60,000 Capital

Packard Corporation reports the following information:

Net cash provided by operating activities	$275,000
Average current liabilities	150,000
Average non-current liabilities	100,000
Dividends paid	60,000
Capital expenditures	110,000
Payments of debt	35,000

Packards free cash flow is

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