Question: I would like you to answer it and explain in detail. Coronado Industries Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2022

I would like you to answer it and explain in detail.

Coronado Industries Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2022 Cash flows from operating activities Net income $67.850 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation expense Decrease in accounts receivable Increase in inventory Decrease in accounts payable Loss on disposal of plant assets Net cash provided by operating activities Cash flows from investing activities Sale of investments Purchase of equipment (27.830) Net cash used by investing activities (24,265) (a) Compute free cash flow for Coronado Industries. (Show a negative free cash flow with either a- sign e-g-15,000 or in par (15,000).)

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