Do It! Review 1333 Obermeyer Corporation issued the following statement of cash flows for 2017. $58,500 OBERMEYER CORPORATION Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2017 Cash flows from operating activities Net income Adjustments to reconcile net income to net cash provided by operating activities: Depreciation expense $8,900 Loss on disposal of equipment 8,700 Increase in inventory (5,200 Decrease in accounts receivable 3,500 Decrease in accounts payable (2,600) Net cash provided by operating activities Cash flows from investing activities Sale of investments 2,800 Purchase of equipment (26,300 Net cash used by investing activities Cash flows from financing activities Issuance of stock 19,100 mantan lang om te vol 1080 13,300 71,800 (23,500) iment (5,200) 3,500 (2,600 ) 13,300 71,800 2,800 (26,300) Increase in inventory Decrease in accounts receivable Decrease in accounts payable Net cash provided by operating activities Cash flows from investing activities Sale of investments Purchase of equipment Net cash used by investing activities Cash flows from financing activities Issuance of stock Payment on long-term note payable Payment for dividends Net cash used by financing activities Net increase in cash Cash at beginning of year Cash at end of year (23,500) 19,100 (10,800) (18,300) (10,000) 38,300 12,500 $50,800 Compute free cash flow for Obermeyer Corporation. (Enter negative amount using either ar e.g. (45).) Free cash flow Clil 14