1. Prepare a statement of cashflows for 2022, using the indirect method.

2. Compute free cash flow

Current Attempt in Progress Additional information: 1. Net income was $18,450. Dividends declared and paid were $14,300. 2. Equipment which cost $10,000 and had accumulated depreciation of $2,100 was sold for $3,600. 3. No noncash investing and financing activities occurred during 2022