Comparative financial statement data for Carmono Company follow: This Year Lest Tear Assets Cash $3 #6 Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets 22 24 50 40 75 70 240 200 65 50 175 150 $250 $220 Accounts payable Liabilities and Stockholders' Equity $ 40 $36 Common stock 150 145 Retained earnings 60 39 $220 Total liabilities and stockholders' equity $250 For this year, the company reported net income as follows Sales Cost of goods sold Gross margin Selling and administrative expenses Net income $275 150 125 90 $35 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.