Please answer part B: Compute the free cash flow and please show your work!

Bonita Corporation's comparative balance sheets are presented below. Additional information: 1. Net income was $22,600. Dividends declared and paid were $19,800. 2. No noncash investing and financing activities occurred during 2022. 3. The land was sold for cash of $4,800. Compute free cash flow. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Free cash flow \$ - sign e.g. Compute free cash flow. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Free cash flow \$