What is the free cash flow?

ROJAS CORPORATION Statement of Cash Flows For the Year ended December 31, 2017 Cash Flow from Operating Activities: Net Income Adjustment to reconcile net income to Net Cash Depreciation Expense Loss on Sale of Land Decrease in Accounts Receivable Decrease in Accounts Payable Net Cash provided by Operating Activities Cash Flow from Investing Activities: Sale of Land Net Cash flow in Investing Activities Cash Flow from Financing Activities: Issuance of Common Stock Payment of Dividend Net Cash used in Financing Activities Net Increase (Decrease) in Cash Add: Cash Balance at the beginning Cash Balance at the end Note: Calculation of Loss on Sale of Land: Change in Value of Land/ Value of Land Sold Sale Value of land As, the Sale Value is less than the Value of Land Sold, there is 22500 4900 1300 2000 15800 7600 14900 4900 4900 2300 18900 16600 3200 11000 14200 6200 4900 a loss of $1,300 (S4,900 $6,200)