2024 – Barton and Williams Company reported the following items in 2015 Net income 50 000 Dividends paid 5 000

Barton and Williams Company reported the following items in 2015: Net income $50,000 Dividends paid 5,000 Decrease in accounts receivable 12,000 Decrease in accounts payable 8,000 Purchase of equipment (capital expenditure) 9,000 Depreciation expense 3,500 Issue of notes payable 15,000 Required: Show all your calculations to derive the following answers. (You don’t need to show in report format.) 1. net cash provided by operating activities 2. the net change in cash during 2015 3. free cash flow