Presented here are the financial statements of Vaughn Company. Liabilities and Stockholders' Equity Accounts payable Income taxes payable $28,0007,500$16,1008,200 Bonds payable 26,60032,600 Common stock 17,90014,000 Retained earnings Total VAUGHN COMPANY Income Statement For the Year Ended December 31, 2022 Sales revenue $241,200 CostofgoodssoldGrossprofit175,40065,800 Selling expenses $17.850 Interest expense Income before income taxes 39.5002,500 Income tax expense Netincome $,900 1. Depreciation expense was $15,200. 2. Dividends declared and paid were $25,700. 3. During the year, equipment was sold for $8,800 cash. This equipment originally cost $17,500 and had accumulated depreciation of $8,700 at the time of sale. 4. Bonds were redeemed at their carrying value. 5. Common stock was issued at par for cash. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with elther a-slgn e.g. -15,000 or in parenthesis e.g. (15,000).) Compute free cash flow. (Enter negative amount using elther a negatlve sign preceding the number e.g. -45 or parentheses e.g. (45).) Free Cash Flow $