Comparative Balance Sheet December 31, 2020 Cash 2020 (S) 28.200 2019 (S) Additional Information: 17.700 Account Receivable Investment 24.200 23.000 22.300 16.000 Equipment 60.000 70,000 Accumulated Depreciation - equipment -14.000 Total 121.400 -10.000 116.000 Account Payable 19.600 11.100 Bonds Payable 10.000 30.000 Common Stock 60.000 45.000 Retain Earnings 31.800 29.900 Total 121.400 116.000 1. Net Income was $ 28.300. Dividends declared and paid were $26.400 2. Equipment which cost $ 10.000 and had accumulated depreciation of $1.200 was sold for $4.300 3. All other changes in noncurrent account balances had a direct effect on cash flows, except the change in accumulated depreciation. Instruction: 1. Prepare a statement of cash flow for 2020 using the indirect method 2. Compute free cash flow