Chapter 17 Rodriquez Corporation's comparative balance sheets are presented below. 2020 2019 $ 15,200 $ 17,700 Cash Accounts receivable 25,200 22,300 20,000 Investments 16,000 Equipment 60,000 70,000 Accumulated depreciation equipment (14,000) (10,000) Total $106,400 $116,000 $ 11,100 Accounts payable $ 14,600 Bonds payable 30,000 10,000 Common stock 50,000 45,000 Retained earnings 31,800 29,900 Total $106,400 $116,000 Additional information: a) Net income was $18,300. Dividends declared and paid were $16,400. b) Equipment which cost $10,000 and had accumulated depreciation of $1,200 was sold for $3,300. c) No noncash investing and financing activities occurred during 2020. 5. Prepare a statement of cash flows for 2020 using the indirect method. 6. Compute free cash flow