(a) Cash from operations $31,500 fo Nosker Compally ullllL cash flows for Nosker of (b) Compute free cash flow. Prepare a statement of cash Cheng Inc. follow (LO 2) P17-9A densed financial data of CHENG INC. Sheets Comparative Balance December 31 2017 Assets 80,800 92,800 Accounts receivable 117,500 Inventory 28,400 Prepaid expenses 143,000 Investments 270,000 Equipment (50,000) Accumulated depreciation-equipment $682,500 Total Liabilities and Stockholders' Equity Accounts payable $112,000 Accrued expenses payable 16,500 Bonds payable 110,000 Common stock 220,000 Retained earnings 224,000 Total $682,500 P17 2016 48,400 33,000 102,850 26,000 114,000 242,500 (52,000) $514,750 67,300 17,000 150,000 175,000 105,450 $514,750