Superior Exercise Equipment, Inc.
	Statement of Cash Flows
	Year Ended December 31, 2024
	Cash Flows from Operating Activities:
	Net Income		$128,000
	Adjustments to Reconcile Net Income to Net Cash
	Provided by (Used for) Operating Activities:
	Depreciation Expense	$51,000
	Increase in Accounts Receivable	(8,000)
	Decrease in Merchandise Inventory	10,000
	Increase in Accounts Payable	3,000
	Decrease in Salaries Payable	(2,500)	53,500
	Net Cash Provided by (Used for) Operating Activities		181,500

	Cash Flows from Investing Activities:
	Cash Payment for Acquisition of Plant Assets	(101,000)
	Cash Payment for Investments	(16,000)
	Net Cash Provided by (Used for) Investing Activities		(117,000)

	Cash Flows from Financing Activities:
	Cash Payment of Dividends	(63,500)
	Cash Payment of Notes Payable	(8,000)
	Cash Receipt from Issuance of Common Stock	10,000
	Net Cash Provided by (Used for) Financing Activities		(61,500)

	Net Increase (Decrease) in Cash		3,000
	Cash Balance, December 31, 2023		17,000
	Cash Balance, December 31, 2024		$20,000

Assuming

Superior

plans similar activity for

2025,

what would be the amount of free cash flow? (Abbreviations used: Cash pmts 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

Superior's

free cash flow for

2025.

	-		-		=	Free cash flow
	-		-		=