Question: Additional information: 1. Net income was $18,750. Dividends declared and paid were $15,600. 2. Equipment which cost $10,100 and had accumulated depreciation of $1,900 was

 Additional information: 1. Net income was $18,750. Dividends declared and paid
were $15,600. 2. Equipment which cost $10,100 and had accumulated depreciation of
$1,900 was sold for $3,700. 3. No noncash investing and financing activities

Additional information: 1. Net income was $18,750. Dividends declared and paid were $15,600. 2. Equipment which cost $10,100 and had accumulated depreciation of $1,900 was sold for $3,700. 3. No noncash investing and financing activities occurred during 2022. Compute free cash flow. (Enter negative amount using either a negative sign preceding the number e.8. 45 or parentheses e.8. (45).) Free cashflow

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