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  3. during 2017, skysong, inc. reported cash provided

During 2017, Skysong, Inc. reported cash provided by operations of $651000, cash used in investing...

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Accounting

During 2017, Skysong, Inc. reported cash provided by operations of $651000, cash used in investing of $563000, and cash used in financing of $156000. In addition, cash spent for fixed assets during the period was $226000. Average current liabilities were $533000 and average total liabilities were $1407000. No dividends were paid. Based on this information, what was Skysong free cash flow?

a. $88000.

b. $425000.

c. $118000.

d. $-495000.

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