Comparative financial statement data for Carmono Company follow: This Year Last Year Assets Cash 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 $ 15.00 80.00 130.00 225.00 276.00 57.60 218.40 $443.40 $ 29.00 73.00 118.20 220.20 224.00 43.20 180.80 $ 401.00 $ 78.00 178.00 187.40 $ 443.40 $ 61.00 136.00 204.00 $ 401.00 For this year, the company reported net income as follows: Sales Cost of goods sold Gross margin Selling and administrative expenses Net income $ 1,600.00 960.00 640.00 620.00 $ 20.00 This year Camao declared and paid a cash dividend. There were no sales of property, plant and equipment during this year. The company did it repurchase any of its own stock this year. Required: 1. Using the vided method, prepare a statement of cash flows for this year, 2. Compute Garniano's free cash flow for this year Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using the Indirect method, prepare a statement of cash flows for this year. (ust 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 Required 1 Required 2 Compute Carmono's free cash flow for this year. (Negative intermediate calculations and final answer to 2 decimal plac Free cash flow