A Corporation Comparative Balance Sheets as at December 31, 2020 and 2021 2020 2021 Assets: Current Assets: Cash Account Receivable Inventories 500,000 350,000 90,000 370,000 290,000 110,000 770,000 Total Current Assets 940,000 Property, Plant & Equipment: Land Building Equipment Total PP&E at cost 200,000 650,000 950,000 1,800,000 200,000 650,000 900.000 1,750,000 Less Accumulated Depreciation Total PP&E Book Value Total Assets Liabilities: (365,000) 1.435,000 (325,000) 1.425.000 2.375.000 2.195.000 Current Liabilities: Account Payable Interest Payable 160,000 40,000 200,000 200,000 30.000 230,000 Total Current Liabilities Long-Term Liabilities: Long-Term Notes Payable 700,000 800.000 1,000,000 930,000 Total Liabilities Stockholders' Equity: Common Stock ($0.50 par) Paid in Capital in Excess of par Retained Earnings Total Stockholders' Equity Total Liabilities & SHE 100,000 655,000 100,000 655,000 620,000 1.375,000 510.000 1.265.000 2.195.000 2.375.000 A Corporation Statement of Retained Earnings as at December 31, 2021 Retained Earnings at the Beginning Plus, Net Income Subtotal Less Dividends Retained Earnings at the End A Corporation Income Statement for the period ended December 31, 2021 510,000 160,000 670,000 50.000 620.000 Revenues 1,685,000 (980,000) Cost of Goods Sold 705,000 Gross Margin Operating Expenses: Salaries Interest (245,000) (65,000) (40,000) (155,000) Depreciation Other Operating Expenses Total Operating Expenses Income before Taxes Income Taxes (505.000) 200,000 (40,000) Net Income 160.000 A Corporation has presented three Financial Statements (see above), except the Statement of Cash Flows. Suppose that you are a bank officer. Show, by using the data given, how you would assist bankers in evaluating this Corporation's Cash Flow Adequacy Ratios, indicated below: (a) Cash Flow Yield; (b) Free Cash Flow;