calculate the free cash flow

Current Attempt in Progress The following are the financial statements of Nasker Company NOSKER COMPANY Comparative Balance Sheets December 31 Assets 2020 Cash $35.900 Accounts receivable 32,850 Inventory 26,600 Equipment 59,500 Accumulated depreciation equipment (29,500) Total $125,350 2019 $19,550 19,100 20.200 77,600 123.000) $113,450 Liabilities and Stockholders Equity Accounts payable Income taxes payable Bonds payable Common stock Retained earnings Total $28,750 7400 28.000 17.050 44.150 $125,350 $ 16,950 8.100 32.750 14100 41.550 3:13,450 NOSKER COMPANY Income Statement For the Year Ended December 31, 2020 Sales revenue $242.250 Cost of goods sold $75,600 Gross profit 66,650 Operating expenses 23.750 income from operations 42.900 Interest expense 3.650 Tecome before income taxes 39.250 Income tax expense 7.900 Net income $31.350 Additional data: Dividends declared and paid went 528750 Diaquim 250th This 518.100 oral and hadatok af $8.20the time of Allazgeciation expert 516.30:is in the out All sales and purchase either asime.-15.000 or in pet NOSKER COMPANY Statement of Cash Flows December 31, 2020 3 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense Increase in Accounts Receivable 16350 13750 6400 Increase in Inventory 11800 Increase in Accounts Payable Decrease in Income Taxes Payable 200 Net Cash Provided by Operating Activities Cash Flows from Investing Activities 20 Sale of Equipment Net Cash Provided by Investing Activities Cash Flows from Financing Activities Redemption of Bonds Issuance of Common Stock Payment of Dividends Net Cash Used by Financing Activities Net Increase in Cash Cash at Beginning of Period Cash at End of Period