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Reference Jetson Exercise Equipment, Inc. Statement of Cash Flows Year Ended December 31, 2018 Cash Flows from Operating Activities: Net Income 125,000 Adjustments to Reconcile

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Reference Jetson Exercise Equipment, Inc. Statement of Cash Flows Year Ended December 31, 2018 Cash Flows from Operating Activities: Net Income 125,000 Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Depreciation Expense Increase in Accounts Receivable Decrease in Merchandise Inventory Increase in Accounts Payable Decrease in Salaries Payable Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities: Cash Payment for Acquisition of Plant Assets Cash Payment for Investments 46,000 (4,000) 7,000 3,000 (5,000) 47,000 172,000 (84,000) (20,000) Print Done Clear All Chapter 14 HUMEWUIK 3 of 6 (0 complete) Reference 7,000 3,000 (5,000) 47,000 Decrease in Merchandise inventory Increase in Accounts Payable Decrease in Salaries Payable Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities: Cash Payment for Acquisition of Plant Assets 172,000 (84,000) (20,000) (104,000) Cash Payment for Investments Net Cash Provided by (Used for) Investing Activities Cash Flows from Financing Activities: Cash Payment of Dividends Cash Payment of Notes Payable (66,000) (10,000) 10,000 Cash Receipt from Issuance of Common Stock (66,000) Net Cash Provided by (Used for) Financing Activities Net Increase (Decrease) in Cash Cash Balance, December 31, 2017 Cash Balance, December 31, 2018 2,000 18,000 20,000 Print Done Clear All E14-26 (similar to) E Question Help Jetson Exercise Equipment, Inc. reported the following statement of cash flows for 2018 Click the icon to view the statement of cash flows) Jetson plans to purchase a truck for $28,000 and a forklift for $120,000 next year. In addition, it plans to pay cash dividends of $6,000. Assuming Jetson plans similar activity for 2019, what would be the amount of free cash flow? (Abbreviations used: Cash pits for planned invest Cash payments for planned investments in long-term assets; NCFA - Net cash provided by financing activities: NCOA - Net cash provided by operating activities. Use parentheses or a minus sign to show negative free cash flow.) Select the labels and enter the amounts to calculate Jetson's free cash flow for 2019. Free cash flow

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