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Blue Spruce Corp.'s comparative balance sheets are as follows. Additional information: 1. Net income was $18,450. Dividends declared and paid were $15,600. 2. Equipment which
Blue Spruce Corp.'s comparative balance sheets are as follows. Additional information: 1. Net income was $18,450. Dividends declared and paid were $15,600. 2. Equipment which cost $10,300 and had accumulated depreciation of $1,900 was sold for $3,500. 3. No noncash investing and financing activities occurred during 2022. Compute free cash flow. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Free cash flow $ eTextbook and Media
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