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:

Using the indirect method, prepare a statement of cash flows for this year.

Compute Carmono's free cash flow for this year.