Please do not give solution in image format thanku Compute free cash flow. (Show amounts that decrease free cash flow with either a-sign e.g.-15,000 or in parenthesis e.g. (15,000).)Free cash flow $ Presented here are the financial statements of Blossom Company.AssetsCashAccounts receivableInventoryProperty, plant, and equipmentAccumulated depreciationTotalLiabilities and Stockholders' EquityAccounts payableIncome taxes payableBonds payableCommon stockRetained earningsTotalSales revenueCost of goods soldGross profitSelling expensesBlossom CompanyComparative Balance SheetsDecember 31Administrative expensesIncome from operationsInterest expenseIncome before income taxesIncome tax expenseNet incomeAdditional data:1.3.4.5.$ 52,500202530,000Blossom CompanyIncome StatementFor the Year Ended December 31, 202542,000(48,000)$166,500$27,00090,000$ 28,5009,00010,50025,500$166,50027,00075,000$ 30,000$363,000262,500(36,000)$162,000100,500$ 22,50036,00064,5004,500202460,000Bonds were redeemed at their carrying value.Common stock was issued at par for cash.12,00021,000$162,000$ 48,00030,000117,00012,000Depreciation expense was $26,250.2. Dividends declared and paid were $30,000.During the year, equipment was sold for $12,750 cash. This equipment originally cost $27,000 and had accumulateddepreciation of $14,250 at the time of sale.49,50021,00057,000

Name: Please do not give solution in image format thanku Compute free cash f
Uploaded: 2024-03-04T10:43:15.000Z
Channel: Bartleby
Description: Please do not give solution in image format thanku Compute free cash flow. (Show amounts that decrease free cash flow with either a-sign e.g.-15,000 or in parenthesis e.g. (15,000).)Free cash flow $ Presented here are the financial statements of Blos