Moskow Corporation issued the following statement of cash flows for 2025.

a. Compute free cash flow for Moskow Corporation.

b. Explain why free cash flow often provides better information than "Net cash provided by operating activities."

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Moskow Corporation Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2025 Cash flows from operating activities Net income Adjustments to reconcile net income to net cash provided by operating activities: Depreciation expense Decrease in accounts receivable Increase in inventory Decrease in accounts payable Loss on disposal of plant assets 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 common stock Payment on long-term note payable Payment of cash dividends Net cash used by financing activities Net increase in cash Cash at beginning of year Cash at end of year $ 9,100 9,500 (5,000) (2,200) 3,300 3,100 (24,200) 20,000 (10,000) (13,000) $ 59,000 14,700 73,700 (21,100) (3,000) 49,600 13,000 $ 62,600