Question: How do you compute free cash flow amount $ at the bottom for the answers provided above? Your answer is partially correct. Prepare a statement

How do you compute free cash flow amount $ at the bottom for the answers provided above?
Your answer is partially correct. Prepare a statement of cash flows for 2019 using the indirect method. (Show amounts that decrease cash flow with either a-signeg -45,000 or in po Pharoah Company Statement of Cash Flows For the Year Ended December 31, 2019 Cash Flows from Operating Activities Net Income 18,450 Adjustments to reconcile net income to Cash Flows from Operating Activities Depreciation Expense 5,050 Loss on disposal of Plant Assets 4,700 Increase in Accounts Receivable 12,600) Increase in Accounts Payable 10,650 Net Cash Provided by Operating Activities 29,100 Activities Sale of Equipment Purchase of Investments 13.800 Net Cash Provided by Investing Activities v (500) Cash Flows from Financing Activities Issuance of Common Stock $ Payment of Dividends Retirement of Bonds (19,600) Net Cash Used by Financing Activities v (29.100) Net Decrease in Cash 5001 17,500 Cash at Beginning of Period Cash at End of Period 17,000 e Textbook and Media X Your answer is incorrect Compute free cash flow. (Enter negative amount using either a negative sign preceding the numberes 45 or parentheseseg (450) Free cash flow $
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