Wildhorse Beverage Company reported the following items in the most recent year.

Net income $43,000$

Dividends paid $5,890$

Increase in accounts receivable $11,040$Increase in accounts payable $7,780$Purchase of equipment $($capital expenditure$)9,610$

Depreciation expense $4,780$

Issue of notes payable $22,400$

Compute net cash provided by operating activities, the net change in cash during the year.

Organize a statement of cash flows using the following template:

Then compute free cash flow.