please solve step by step n

Joyner Company's income statement for Year 2 follows: Sales $709,000 Cost of goods sold 226,000 Gross margin 483,000 Selling and administrative expenses 151, 600 Net operating income 331, 400 Nonoperating items: Gain on sale of equipment 8,000 Income before taxes 339, 400 Income taxes 101, 820 Net income $237, 580 Its balance sheet amounts at the end of Years 1 and 2 are as follows: Year 2 Year 1 Assets Cash $ 226,080 $ 89, 900 Accounts receivable 230,000 117,000 Inventory 319,000 271,000 Prepaid expenses 9,000 18, 000 Total current assets 784, 080 495,900 Property, plant, and equipment 622,000 509,000 Less accumulated depreciation 166, 000 131,800 Net property, plant, and equipment 456,000 377,200 Loan to Hymans Company 18 , 000 Total assets $1, 288, 080 $873, 100 Liabilities and Stockholders' Equity Accounts payable 319,000 $262,000 Accrued liabilities 42,000 59,000 Income taxes payable 84, 700 81, 100 Total current liabilities 445,700 402, 100 Bonds payable 203,000 109,000 Total liabilities 648, 700 511, 100 Common stock 343,000 271,000 Retained earnings 296, 380 91,000 Total stockholders' equity 639,380 362,000 Total liabilities and stockholders' equity $1, 288, 080 $873, 100 Equipment that had cost $31,800 and on which there was accumulated depreciation of $11,800 was sold during Year 2 for $28,000. The company declared and paid a cash dividend during Year 2. It did not retire any bonds or repurchase any of its own stock. Required: 1. Using the indirect method, compute the net cash provided by/used in operating activities for Year 2. 2. Prepare a statement of cash flows for Year 2. 3. Compute the free cash flow for Year 2