(Solution) - Alliance Atlantis Communication Inc reported a 30 increase in -(2025 Original AI-Free Solution)

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Alliance Atlantis Communication Inc. reported a 30% increase in cash flow in the same quarter that it released its very successful movie Austin Powers: They Spy Who Shagged Me. The film earned more than $20 million in box office sales. Alliance reported cash provided by operating activities of $234,983,000 and revenues of $163,309,000. An amount of $258,000 was paid for preferred dividends. Cash spent on plant asset additions during the quarter was $4,318,000. Calculate free cash flow.