A comparative balance sheet for Flint Corporation is presented as follows. Assets Cash Accounts receivable Inventory Land Equipment Accumulated Depreciation Equipment Total Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock ($1 par) Retained earnings Total December 31 2020 2019 $ 72,810 $ 22,000 83,460 67,650 181,460 190,650 72,460 111,650 261,460 201,650 (70,460) (43,650) $601,190 $549,950 $ 35,460 150,000 214,000 201,730 $601,190 $ 48,650 200,000 164,000 137,300 $549,950 Additional information: 1. Net income for 2020 was $127,920. No gains or losses were recorded in 2020. 2. Cash dividends of $63,490 were declared and paid. 3. Bonds payable amounting to $50,000 were retired through issuance of common stock. Prepare a statement of cash flows for 2020 for Flint Corporation. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) FLINT CORPORATION Statement of Cash Flows Adjustments to reconcile net income to Issued common stock to retire $ of bonds outstanding Determine Flint Corporation's current cash debt coverage, cash debt coverage, and free cash flow. (Round current cash debt coverage and cash debt coverage to 2 decimal places., e.g. 0.67.) Current cash debt coverage Cash debt coverage Free cash flow Comment on its liquidity and financial flexibility. Flint has liquidity. Its financial flexibility is