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Cash Accounts receivable Investments Plant assets (net) Land During 2025, the following occurred. 1. 2. 3. 4. 5. 6. 7. (c) Blue Inc. Balance Sheet

Cash Accounts receivable Investments Plant assets (net) Land During 2025, the following occurred. 1. 2. 3. 4. 5. 6. 7. (c) Blue Inc. Balance Sheet December 31, 2024 $23,380 Accounts payable 24,580 Bonds payable 32,000 Common stock 84,380 Retained earnings 43,380 $207,720 Free cash flow $33,380 44,380 103,380 26,580 $207,720 Blue liquidated its available-for-sale debt investment portfolio at a loss of $8,380. A tract of land was purchased for $41,380. An additional $30,000 in common stock was issued at par. Dividends totaling $13,380 were declared and paid to stockholders. Net income for 2025 was $38,380, including $15,380 in depreciation expense. Land was purchased through the issuance of $33,380 in additional bonds. At December 31, 2025, Cash was $73,580, Accounts Receivable was $45,380, and Accounts Payable was $43,380. Compute Blue's free cash flow and current cash debt coverage for 2025. (Round current cash debt coverage to 2 decimal places, e.g. 0.62:1. Show amount that decrease cash flow with either a-sign e.g.-15,000 or in parenthesis e.g. (15,000).) Current cash debt coverage 3 :1

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