A comparative balance sheet for Sarasota Corporation is presented as follows.

		December 31
Assets		2020			2019
Cash		$ 72,680			$ 22,000
Accounts receivable		84,360			68,680
Inventory		182,360			191,680
Land		73,360			112,680
Equipment		262,360			202,680
Accumulated Depreciation-Equipment		(71,360	)		(44,680	)
Total		$603,760			$553,040
Liabilities and Stockholders' Equity
Accounts payable		$ 36,360			$ 49,680
Bonds payable		150,000			200,000
Common stock ($1 par)		214,000			164,000
Retained earnings		203,400			139,360
Total		$603,760			$553,040

Additional information:

1.		Net income for 2020 was $129,720. No gains or losses were recorded in 2020.
2.		Cash dividends of $65,680 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 Sarasota Corporation. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Determine Sarasota Corporations 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			:1
Cash debt coverage			:1
Free cash flow		$

Comment on its liquidity and financial flexibility.

Sarasota has

liquidity. Its financial flexibility is .