Presented here are the financial statements of Teal Company. Teal Company Comparative Balance Sheets December 31 2025 2024 Assets Cash $77,000 $44,000 Accounts receivable 44,000 30,800 Inventory 61,600 44,000 Property, plant, and equipment 132,000 171,600 Accumulated depreciation (70,400) (52,800) Total $244,200 $237,600 Liabilities and Stockholders' Equity Accounts payable $41,800 $33,000 Income taxes payable 15,400 17,600 Bonds payable 37,400 72,600 Common stock 39,600 30,800 Retained earnings 110,000 83,600 Total $244,200 $237,600 Teal Company Income Statement For the Year Ended December 31, 2025 Sales revenue $532,400 Cost of goods sold 385,000 Gross profit 147,400 Selling expenses $39,600 Administrative expenses 13,200 52,800 Income from operations 94,600 Interest expense 6,600 Income before income taxes 88,000 Income tax expense 17,600 Net income $70,400 Additional data: 1. Depreciation expense was $38,500. 2. Dividends declared and paid were $44,000. 3. During the year, equipment was sold for $18,700 cash. This equipment originally cost $39,600 and had accumulated depreciation of $20,900 at the time of sale. 4. Bonds were redeemed at their carrying value. 5. Common stock was issued at par for cash. Compute free cash flow. (Show amounts that decrease free cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Free cash flow 84700