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Problem 12-10A Prepare a Statement of Cash Flows; Free Cash Flow [LO12-1, LO12-2, LO12-3] Joyner Companys income statement for Year 2 follows: Can someone please

Problem 12-10A Prepare a Statement of Cash Flows; Free Cash Flow [LO12-1, LO12-2, LO12-3] Joyner Companys income statement for Year 2 follows:

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Problem 12-10A Prepare a Statement of Cash Flows; Free Cash Flow [L012-1, L012-2, L012-3] Joyner Company's income statement for Year 2 follows: Sales Cost of goods sold 342,000 Gross margin Selling and administrative expenses 377,000 217,000 Net operating income Gain on sale of equipment 160,000 7,000 Income before taxes Income taxes 167,000 66,800 Net income $ 100,200

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