Cheyenne Corp. Comparative Balance Sheets December 31 2020 2019 Cash $ 16,700 $ 17,500 Accounts receivable 25,300 22,200 Investments 20,250 15,750 Equipment 59,850 69,850 Accumulated depreciation-equipment (13,750) (10,500) Total $108,350 $114,800 Accounts payable $ 14,350 $ 11,150 Bonds payable 10.300 30,100 Common stock 49,600 45,300 Retained earnings 34,100 28,250 Total $108,350 $114,800 Additional information: 1. Net income was $18,350. Dividends declared and paid were $12,500. 2. Equipment which cost $10,000 and had accumulated depreciation of $1,900 was sold for $3,600. 3. No noncash investing and financing activities occurred during 2020. Cheyenne Corp. Statement of Cash Flows $ Adjustments to reconcile net income to $ $ $ 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 $