Prepare a statement of cash flows and compute free cash flow

1 - SWEET VALLEY, INC. Income Statement Year Ended December 31, 2024 $ 445,000 203,200 241,800 $ 77,400 14,500 10,100 Net Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses: Salaries Expense Depreciation Expense-Plant Assets Other Operating Expenses Total Operating Expenses Operating Income Other Income and (Expenses): Interest Revenue Interest Expense Total Other Income and (Expenses) Net Income Before Income Taxes Income Tax Expense Net Income 102,000 139,800 8,200 (21,100) (12,900) 126,900 19,400 $ 107,500 Additional Information 1. plant Assets were purchased for 20,000 cash 2. Common stocks was issued for $23, 400 cash #47,900 3. Notes payable were paid off in cash 4 cash dividends of 80,200 were paid