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Question 22 Using the information below, calculate the free cash flow. Net Cash Provided by Operating Activities: $40,000 Net Cash Provided by Investing Activities: $28,000

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Question 22 Using the information below, calculate the free cash flow. Net Cash Provided by Operating Activities: $40,000 Net Cash Provided by Investing Activities: $28,000 Net Cash Used by Financing Activities: $42,000 Decrease in Accounts Receivable: $9,000 Increase in Inventory: $2,500 Net Income: $13,000 Issuance of Common Stock: $35,000 Payment of Cash Dividends: $12,000 Issuance of Bonds Payable: $30,000 Purchase of Equipment: $25,000 Depreciation Expense: $6,000 (Show your calculation in the work you submit. Enter your answer here.)

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