Presented here are the financial statements of Bonita Company. Prepare a statement of cash flows for Bonita Company using the direct method. (Show amounts thot decrease cash flow with either a Compute free cash flow. (Enter negative amount using either a negotive sign preceding the number es. -45 or parentheses es. (45).) Freecash flow Further analysis reveals the following. 1. Accounts payable pertain to merchandise suppliers. 2. All operating expenses except for depreciation were paid in cash. 3. All depreciation expense is in the selling expense category. 4. All sales and inventory purchases are on account. Additional data: 1. Depreciation expense was $16,600. 2. Dividends declared and paid were $26,900. 3. During the year, equipment was sold for $7,800 cash. This equipment originally cost $18,000 and had accumulated depreciation of $10,200 at the time of sale. 4. Bonds were redeemed at their carrying value. 5. Common stock was issued at par for cash