Morgan Corporation Reports the Following Information Morgan's Free Cash Flow Is
A)$50,000

Multiple Choice

Morgan Corporation reports the following information: $\begin{array}{lr}\text { Net cash provided by operating activities } & \$ 255,000 \\\text { Average current liabilities } & 150,000 \\\text { Average long-term liabilities } & 100,000 \\\text { Dividends paid } & 60,000 \\\text { Capital expenditures } & 110,000 \\\text { Pavments of debt } & 35,000\end{array}$ Morgan's free cash flow is

A) $50,000.
B) $85,000.
C) $145,000.
D) $195,000.