Question: Comparative financial statement data for Carmono Company follow: For this year, the company reported net income as follows: This year Carmono declared and paid a

the company reported net income as follows: This year Carmono declared and

paid a cash dividend. There were no sales of property, plant, and

Comparative financial statement data for Carmono Company follow: For this year, the company reported net income as follows: This year Carmono declared and paid a cash dividend. There were no sales of property, plant, and equipment during this year. The company did not repurchase any of its own stock this year. 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. 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 pleces.) Carmono Company Statement of Cash Flows For This Year Ended December 31

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