Problem
Suppose during 2017 that Cypress Semiconductor Corporation reported net cash provided by operating activities of $87,693,000, cash used in investing of $43,476,000, and cash used in financing of $7,633,000. In addition, cash spent for fixed assets during the period was $24,598,000. No dividends were paid. Calculate free cash flow. (Show a negative free cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)