1: Alawneh Inc. had the following balance sheet at December 31, 2020. Alawneh Inc. Balance Sheet, December 31, 2020 Cash Accounts receivable Investments Plant assets (net) Land Total $ 20,000 Accounts payable $ 30,000 21,200 Bonds payable 41,000 32,000 Common stock 100,000 81,000 Retained earnings 23,200 40,000 $194,200 $194,200 During 2021, the following occurred. 1. Alawneh sold investment at a loss of $5,000. 2. A piece of land was purchased for $38,000. 3. An additional $30,000 in common stock was issued at par. 4. Dividends totaling $10,000 were declared and paid to stockholders. 5. Net income for 2021 was $35,000, including $12,000 in depreciation expense. 6. Land was purchased through the issuance of $30,000 in additional bonds. 7. At December 31, 2020, Cash was $70,200, Accounts Receivable was $42,000, and Accounts Payable was $40,000. Instructions: a. Prepare a statement of cash flows for the year 2021 for Alawneh. b. Prepare the balance sheet as it would appear at December 31, 2021. c. Compute Alawneh's free cash flow and current cash debt coverage for 2021