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Statement of cash flows preparation: Selected financial statement information and additional data for Johnston Enterprises is presented below. Prepare a statement of cash flows in good order for the year ending December 31, 2019. What is the free cash flow for 2019? December 31, 2018 Johnston Enterprises Balance Sheet and Income Statement Data December 31, 2019 Current Assets: Cash $143,000 Accounts Receivable 228,000 Inventory 391,000 Total Current Assets 762,000 $119,000 306,000 340.000 765,000 Property. Plant, and Equipment Less: Accumulated Depreciation Total Assets 1,261,000 (476,000) $1.547,000 1,122,000 (442.000 $1.445.000 Current Liabilities: Accounts Payable Notes Payable Income Taxes Payable Total Current Liabilities $187,000 51,000 85.000 323,000 $102,000 68,000 76,500 246,500 Bonds Payable Total Liabilities 350.000 673,000 391.000 637.500 Stockholders' Equity: Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities & Stockholders' Equity 510,000 364.000 874,000 $1.547.000 467,500 340.000 807.500 $1.445.000 1,615,000 781.000 834.000 Sales Revenue Less Cost of Goods Sold Gross Profit Expenses: Depreciation Expense Salaries and Wages Expense Interest Expense Loss on Sale of Equipment Income Before Taxes Less Income Tax Expense Net Income 153,000 391,000 34.000 12.000 244,000 98.000 $146.000 Additional Information: During the year, Johnston sold equipment with an original cost of $133,000 and accumulated depreciation of $119,000 and purchased new equipment for $272,000