Year 2 Year 1\ Assets \ Cash and cash equivalents $ 43,025 $ 25,500\ Accounts receivable 198,000 129,000\ Inventory 290,000 258,000\ Prepaid expenses 8,500 17,000\ Total current assets 539,525 429,500\ Property, plant, and equipment 506,000 415,000\ Less accumulated depreciation 126,500 124,500\ Net property, plant, and equipment 379,500 290,500\ Loan to Hymans Company 38,000 0\ Total assets $ 957,025 $ 720,000\ Liabilities and Stockholders' Equity \ Accounts payable $ 308,000 $ 249,000\ Accrued liabilities 20,000 32,000\ Income taxes payable 47,000 39,000\ Total current liabilities 375,000 320,000\ Bonds payable 194,000 75,000\ Total liabilities 569,000 395,000\ Common stock 285,000 245,000\ Retained earnings 103,025 80,000\ Total stockholders' equity 388,025 325,000\ Total liabilities and stockholders' equity $ 957,025 $ 720,000\ Equipment costing $43,000 with accumulated depreciation of $27,000 was sold during Year 2 for $21,000. The company paid a cash dividend during Year 2 but did not retire any bonds or repurchase any of its own stock.\ \ Required:\ For Year 2:\ \ Determine the net cash provided by (used in) operating activities using the indirect method.\ Prepare a statement of cash flows.\ Compute the free cash flow.