all of 17.8 please

E17.8 (LO 2, 3) Financial Statement Rojas Corporation's comparative balance sheets are presented below. Prepare statement of cash flows and compute free cash flow. Rojas Corporation Comparative Balance Sheets December 31 2020 2019 $ 14,300 $ 10,700 Cash Accounts receivable 21,200 23,400 20,000 Land 26,000 70,000 Buildings 70,000 Accumulated depreciation-buildings (15,000) (10,000) Total $110,500 $120,100 $ 31,100 $ 12,370 Accounts payable 75,000 Common stock 69,000 26,000 20,000 Land Buildings 70,000 70,000 Accumulated depreciation-buildings (15,000) (10,000) Total $110,500 $ 12,370 $120,100 $ 31,100 Accounts payable Common stock 75,000 69,000 Retained earnings 23,130 20,000 $110,500 $120,100 Total Additional information: 1. Net income was $22,630. Dividends declared and paid were $19,500. 2. No noncash investing and financing activities occurred during 2020. 3. The land was sold for cash of $4,900. Instructions a. Prepare a statement of cash flows for 2020 using the indirect method. b. Compute free cash flow