Question: Please help me solve for answer b. Thank you. Presented here are the financial statements of Bonita Company. Compute free cash flow. (Enter negative amount

Please help me solve for answer b. Thank you. Presented here arethe financial statements of Bonita Company. Compute free cash flow. (Enter negativeamount using either a negative sign preceding the number e.g. -45 orparentheses e.g. (45).) Net Cash Provided by Operating Actlviltes V 34300 CashFlows from Irvesting Activities Sale of Equlpment 8600 34300 Net Cash Provided

Please help me solve for answer b. Thank you.

Presented here are the financial statements of Bonita Company. Compute free cash flow. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Net Cash Provided by Operating Actlviltes V 34300 Cash Flows from Irvesting Activities Sale of Equlpment 8600 34300 Net Cash Provided by Investing Activitles 8600 Cash Flows from Financing Activitles Pryment of Dlvldends Redemption of Bonds Issuance of Common Stock Net Cash Used by FInancing Activitles Net Increase In Cash Cash at Beginning of Perlod Cash at End of Perlod 5700 17400 1. Depreciation expense was $16,100. 2. Dividends declared and paid were $23,700. 3. During the year, equipment was sold for $8,600cash. This equipment originally cost $18,700 and had accumulated depreciation of $10,100 at the time of sale. 4. Bonds were redeemed at their carrying value. 5. Common stock was issued at par for cash. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-signe or in parenthesis e.g. (15,000)

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