Question: Use the McKnight Exercise Equipment data in Exercises E14 23 and
Use the McKnight Exercise Equipment data in Exercises E14-23 and E14-24. McKnight plans to purchase a truck for $ 29,000 and a forklift for $ 121,000 next year. In addition, it plans to pay cash dividends of $ 2,000. Assuming McKnight plans similar activity for 2016, what would be the amount of free cash flow?
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