Question: Please show how to compute free cash flow. Current Attempt in Progress Presented here are the financial statements of Sarasota Company. Additional data: 1. Depreciation
Please show how to compute free cash flow.



Current Attempt in Progress Presented here are the financial statements of Sarasota Company. Additional data: 1. Depreciation expense was \\( \\$ 40,250 \\). 2. Dividends declared and paid were \\( \\$ 46,000 \\). 3. During the year, equipment was sold for \\( \\$ 19,550 \\mathrm{cash} \\). This equipment originally cost \\( \\$ 41,400 \\) and had accumulated depreciation of \\( \\$ 21,850 \\) at the time of sale. 4. Bonds were redeemed at their carrying value. 5. Common stock was issued at par for cash. Free cash flow
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