Question: Lily Corporation's comparative balance sheets are presented below. 1. Net income was $22,600. Dividends declared and paid were $18,600. 2. No noncash investing and financing

was $22,600. Dividends declared and paid were $18,600. 2. No noncash investing

and financing activities occurred during 2022 3. Theland wacenld formatoufesion ling the

indirect method. (Show amounts that decrease cash flow with either a-sign es.

$ Compute free cash flow. (Enter negative amount using either a negative

Lily Corporation's comparative balance sheets are presented below. 1. Net income was $22,600. Dividends declared and paid were $18,600. 2. No noncash investing and financing activities occurred during 2022 3. Theland wacenld formatoufesion ling the indirect method. (Show amounts that decrease cash flow with either a-sign es. $ Compute free cash flow. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Freecash flow

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