Check Comparative financial statement data for Carmono Company follow TL Year LAYO Annet CAN Accounts receivable Inventory Ourront Property, plant, and equipment Les accumulated depreciation Nel property, plant, and equipment totalt assion and stockholders' wody Accounts payable Common tok Retained earnings Total acts and stockholders oquity 36.00 44.00 09.00 13:00 222:00 43.20 17.00 0313.80 11.00 37.00 71.40 119.40 188.00 22.40 155.60 $275.00 51.00 106.00 156.00 0313.00 43.00 82.00 150.00 8275.00 For this year, the company reported net income as follows: Sales cont of good old Gross margin selling and adminiatrative expenses Net Income $700.00 420.00 280.00 260.00 $ 20.00 This year Carmono declared and paid a cash dividend. There were no sales of property, plant, and equipment during this year. The aman did not repurchase any of its own stock this vear Required 1 Required 2 Using the indirect method, prepare a statement of cash flows for this year. (List any deduction in cash and cash outflows as negative amounts. Round your intermediate calculations and final answers to 2 decimal places) Carmono Company Statement of Cash Flows For This Year Ended December 31 Operating activities Net income 0.00 0.00 Investing activities 0.00 Financing activities: 0.00 0.00 Beginning cash and cash equivalents Ending cash and cash equivalents $ 0.00 company Required: 1. Using the indirect method, prepare a statement of cash flows for this year. 2. Compute Carmono's free cash flow for this year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute Carmono's free cash flow for this year. (Negative amount should be indicated by a minus sign. Round your intermediate calculations and final answer to 2 decimal places.) Free cash flow