Calculate the following ratios: (Round current cash debt coverage ratio and cash debt coverage ratio answers to 2 decimal places, e.g. 52.75 and free cash flow value to 0 decimal places, e.g. 5,275. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) 1. Free cash flow $ 2. Current cash debt coverage ratio to 1 3. Cash debt coverage ratio to 1 Jia Inc. applies ASPE and had the following statement of financial position at the end of operations for 2013: JIA INC. Statement of Financial Position December 31, 2013 Cash $20,000 Accounts payable $ 30,000 Accounts receivable 21,200 Notes payable 41,000 FV-NI investments 32,000 Common shares 100,000 Equipment (net) 81,000 Retained earnings 23,200 Land 40,000 $194,200 $194,200 During 2014, the following occurred: 1. Jia Inc. in a gain of $3,400 for the firm. At December 31, 2014, the remaining fair value sold some of its fair valuenet income investment portfolio for $24,000. This transaction resulted net income investments in the portfolio had fair value of $11,400 and original cost of $13,000. No investments were purchased in 2014. 2. A tract of land was purchased for $18,000 cash. 3. Long-term notes payable in the amount of $19,000 were retired before maturity by paying $19,000 cash. 4. An additional $32,000 in common shares was issued. 5. Dividends totalling $13,200 were declared and paid to shareholders. 6. Net income for 2014 was $32,000 after allowing for depreciation of $12,000. 7. Land was purchased through the issuance of $30,000 in bonds. 8. At December 31, 2014, cash was $46,000; accounts receivable was $41,600; and accounts payable remained at $30,000.