Hi I need help with this problem Windsor, Inc.Statement of Cash Flows-Indirect MethodFor the Year Ended December 31, 2020Cash flows from operating activitiesNet incomeAdjustments to reconcile net income to net cashprovided by operating activities:Depreciation expenseLoss on disposal of plant assetsIncrease in inventoryDecrease in accounts receivableDecrease in accounts payableNet cash provided by operating activitiesCash flows from investing activitiesSale of investmentsPurchase of equipmentNet cash used by investing activitiesCash flows from financing activities$8,9008,800(5,100)3,500(2,300 )2,900(27,300 )$56,90013,80070,700(24,400 ) Cash flows from financing activitiesIssuance of stockPayment on long-term note payablePayment for dividendsNet cash used by financing activitiesNet increase in cashCash at beginning of yearCash at end of year(a)Free cash flow $22,000(11,200 )(17,900)43,400(7,100 )39,20012,700Compute free cash flow for Windsor, Inc.. (Enter negative amount using either a negative sign preceding the number e.g. -45 orparentheses e.g. (45).)$51,900

The amount of money a corporation has available to pay down debt, dividends, and interest to…

Cash flows from financing activities Issuance of stock Payment on long-term note payable Payment for dividends Net cash used by financing activities Net increase in cash Cash at beginning of year Cash at end of year (a) Free cash flow $ 22,000 43,400 (11,200 ) (17,900 ) (7,100 ) 39,200 12,700 Compute free cash flow for Windsor, Inc.. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) $51,900