Presented here are the financial statements of Skysong, Company.

Skysong, Company Comparative Balance Sheets December 31
Assets		2022			2021
Cash		$37,900			$20,300
Accounts receivable		32,200			18,800
Inventory		30,600			20,500
Property, plant, and equipment		59,400			77,100
Accumulated depreciation		(29,300	)		(23,200	)
Total		$130,800			$113,500
Liabilities and Stockholders Equity
Accounts payable		$28,300			$16,600
Income taxes payable		7,200			8,500
Bonds payable		27,500			33,900
Common stock		18,500			14,700
Retained earnings		49,300			39,800
Total		$130,800			$113,500

Skysong, Company Income Statement For the Year Ended December 31, 2022
Sales revenue				$241,200
Cost of goods sold				175,900
Gross profit				65,300
Selling expenses		$17,250
Administrative expenses		5,750		23,000
Income from operations				42,300
Interest expense				4,000
Income before income taxes				38,300
Income tax expense				7,660
Net income				$30,640

Additional data:

1.		Depreciation expense was $16,200.
2.		Dividends declared and paid were $21,140.
3.		During the year equipment was sold for $7,600 cash. This equipment cost $17,700 originally and had accumulated depreciation of $10,100 at the time of sale.
4.		Bonds were redeemed at their carrying value.
5.		Common stock was issued at par for cash.

• C

Compute free cash flow. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Free cash flow

$Enter the free cash flow dollar amount

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