Reference no: EM132584289

Free cash flow

Dillin Inc. reported the following on the company's statement of cash flows in 20Y2 and 20Y1:

                                                                  20Y2                     20Y1

Net cash flow from operating activities           $476,400             $455,400

Net cash flow used for investing activities       (428,000)           (378,000)

Net cash flow used for financing activities          (44,000)           (56,000)

Eighty percent of the net cash flow used for investing activities was used for the purchase of property, plant, and equipment.

Question 1: Determine Dillin's free cash flow for both years.

20Y2

20Y1