The following information is derived from the financial

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单项选择题

The following information is derived from the financial records of Brown Company for the year
ended December 31, 2001:
Sales $3,400,000
Cost of Goods Sold (2,100,000)
Depreciation (300,000)
Interest Paid (200,000)
Gain on Sale of Old Equipment 400,000
Income Taxes Paid (300,000)
Net Income $900,000
Brown issued bonds on June 30, 2001 and received proceeds of $4,000,000.
Old equipment with a book value of $2,000,000 was sold on August 15, 2001 for
$2,400,000 cash.
Brown purchased land for a new factory on September 30, 2001 for $3,000,000,
issuing a $2,000,000 note and paying the balance in cash.
Using the definition of free cash flow as cash flow from operations less capital expenditures,
Brown 抯 free cash flow available to equity shareholders for 2001 is:
A) $2,200,000
A.$2,200,000.
B.$200,000.
C.$2,600,000.
D.$6,200,000.

A.

B.$2,200,000.
B.$200,000.
C.$2,600,000.
D.$6,200,000.

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