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Presented here are the financial statements of Splish Brothers Company. Additional data: 1. Depreciation expense was $15,700. 2. Dividends declared and paid were $26,380. During

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Presented here are the financial statements of Splish Brothers Company. Additional data: 1. Depreciation expense was $15,700. 2. Dividends declared and paid were $26,380. During the year equipment was sold for $7,700 cash. This equipment cost $17,200 originally and had accumulated depreciation of $9,500 at the time of sale. 4. Bonds were redeemed at their carrying value. 5. Common stock was issued at par for cash. Piepare a statement of cash flows usios the indirect enethod iShow ansoustr ther atcreose conh fore with wether a -sign es - 15,000 or in parentheshis e5,(15,000N) Adiustments to recandile net income to 5. 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).)

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