A comparative balance sheet for Sweet Corporation is presented as follows. December 31 Assets 2025 2024 Cash $72,760 $22,000 Accounts receivable 83,040 67,280 Inventory 181,040 190,280 Land 72,040 111,280 Equipment 261,040 201.280 Accumulated depreciation-equipment (70,040) (43,280) Total $599,880 $548,840 Liabilities and Stockholders' Equity Accounts payable $ 35,040 $48,280 Bonds payable 150,000 200,000 Common stock ($1 par) 214,000 164,000 Equipment Accumulated depreciation-equipment Total Liabilities and Stockholders' Equity 261,040 201,280 (70,040) (43,280) $599,880 $548,840 Accounts payable $35,040 $48,280 Bonds payable 150,000 200,000 Common stock ($1 par) 214,000 164,000 Retained earnings 200,840 136,560 Total $599,880 $548,840 Additional information: 1. Net income for 2025 was $127,080. No gains or losses were recorded in 2025. 2. Cash dividends of $62,800 were declared and paid. 3 Bonds payable amounting to $50,000 were retired through issuance of common stock. Your answer is correct. Prepare a statement of cash flows for 2025 for Sweet Corporation. (Show amounts that decrease cash flow with either a-sign eg -15,000 or in parenthesis e.g. (15,000)) Sweet Corporation Statement of Cash Flows For the Year Ended December 31, 2025 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense Increase in Accounts Receivable 26760 (15760) 127080 Decrease in Inventory Decrease in Accounts Payable Net Cash Provided by Operating Activities Cash Flows from Investing Activities Sale of Land Purchase of Equipment Net Cash Used by Investing Activities Cash Flows from Financing Activities 9240 (13240) 39240 7000 134080 (59760) (20520) Payment of Cash Dividends (62800) Net Increase in Cash Cash at Beginning of Year Cash at End of Year Noncash Investing and Financing Activities Issued common stock to retire $ 50000 of bonds outstanding eTextbook and Media Solution 50760 22000 72760 Determine Sweet 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, eg. 0.67:1. Show amount that decrease cash flow with either a-sign eg-15,000 or in parenthesis e.g. (15,000).) Current cash debt coverage Cash debt coverage Free cash flow :1 :1 Comment on its liquidity and financial flexibility. Sweet has excellent liquidity. Its financial flexibility is good