Comparative financial statement data for Carmono Company follow: This Year Last Year points Assets Cash and cash equivalents Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets Liabilities and Stockholders' Equity Accounts payable Common stock Retained earnings Total liabilities and stockholders' equity $ 18.00 92.00 145.00 255.00 294.00 62.40 231.60 $486.60 $ 35.00 85.00 133.80 253.80 236.00 46.80 189.20 $443.00 eBook Tot Hint $ 87.00 202.00 197.60 $486.60 $ 67.00 154.00 222.00 $443.00 Print For this year, the company reported net income as follows: References Sales $1,900.00 Cost of goods sold 1,140.00 Gross margin 760.00 Selling and administrative expenses 740.00 Net income $ 20.00 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. 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