Presented below are the financial statements of Bramble Company. Bramble Company Comparative Balance Sheets December 31 Assets 2022 2021 Cash $ 70,000 $ 40,000 Accounts receivable 40,000 28,000 Inventory 56,000 40,000 Property, plant, and equipment Accumulated depreciation 120,000 (64,000) $222,000 156,000 (48,000) $216,000 Total Liabilities and Stockholders' Equity Accounts payable $ 38,000 $30,000 Income taxes payable 14,000 16,000 Bonds payable 34,000 66,000 Common stock 36,000 28,000 Retained earnings 100,000 76,000 Total $222,000 $216,000 Bramble Company Income Statement For the Year Ended December 31, 2022 Sales revenue $484,000 350,000 Cost of goods sold Gross profit 134,000 Selling expenses $36,000 Administrative expenses 12,000 48,000 Income from operations 86,000 Interest expense 6,000 Income before income taxes 80,000 Income tax expense 16,000 Net income $ 64,000 Additional data: 1. Depreciation expense was $35,000. 2. Dividends declared and paid were $40,000. 3. During the year equipment was sold for $17,000 cash. This equipment cost $36,000 originally and had accumulated depreciation of $19,000 at the time of sale. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - signe.g. -15,000 or in parenthesis eg. (15,000).) Bramble Company Statement of Cash Flows Adjustments to reconcile net income to Compute free cash flow. (Show a negative free cash flow with either a-sign e.g.-15,000 or in parenthesis eg. (15,000).) Free cash flow $