Current Attempt in Progress Additional data: 1. Depreciation expense was $29,750. 2. Dividends declared and paid were $34,000. 3. During the year, equipment was sold for $14,450 cash. This equipment originally cost $30,600 and had accumulated depreciation of $16,150 at the time of sale. 4. Bonds were redeemed at their carrying value. 5. Common stock was issued at par for cash. b) Compute free cash flow. (Show amounts that decrease free cash flow with either a - sign eg. 15,000 or in parenthesis e.g (15,000).)