Saved ACREDIT PRACTICE PROBLEMS FOR FINAL EX... 6 Apex Company prepared the statement of cash flows for the current year that is shown below: 8. $ 41,100 $ ts 21,400 (60,300) (26,000) 9,700 54,500 (11,400) 4,800 eBook Print Apex Company Statement of Cash Flows-Indirect Method Operating activities Net income Adjustments to convert net income to cash basis: Depreciation Increase in accounts receivable Increase in inventory Decrease in prepaid expenses Increase in accounts payable Decrease in accrued liabilities Increase in income taxes payable Net cash provided by (used in) operating activities Investing activities: Proceeds from the sale of equipment Loan to Thomas Company Additions to plant and equipment Net cash provided by used in) investing activities Pinancing activities Increase in bonds payable Increase in common stock Canh diy den da Net cash provided by (used in) financing activities Net decrease in cash and cash equivalenta Beginning cash and cash equivalents Ending cash and cash equivalents (7,300) 33,800 References 14,800 (41,200) (120,000) (146,400) 88,600 38,400 (29,000) 98,000 (14,600) 28,700 14,100 S Required: Compute Apex Company's free cash flow for the current year. (Negative amount should be indicated by a minus sign. Free cash flow