### Determining the free cash flow

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##### Reference no: EM13153054

Suppose that Drake Corporation produced and sold 5,000 laptop computers during 2010. It reported \$270,000 cash provided by operating activities. In order to maintain production at 5,200 laptops, Drake invested in \$8,000 in equipment. Drake paid \$2,000 in dividends. What is Drake's free cash flow?

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