Compute the Free Cash Flow (show work)

Prepare a statement of cash flows for 2020 using the indirect method. (Show amounts that dec ROJAS CORPORATION Statement of Cash Flows For the Year Ended December 31, 2020 Cash Flows from Operating Activities : T Net Income - 22600 Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense - 4400 Decrease in Accounts Receivable 2800 Decrease in Accounts Payable -15700 Loss on Disposal of Plant Assets I 300 -7200 Net Cash Provided by Operating Activities 15400 TCash Flows from Investing Activities - Sale of Land J E 1500 Net Cash Provided by Investing Activities 4500 TCash Flows from Financing Activities - T Payment of Dividends -19200 Issuance of Common Stock - 3900 T Net Cash Used by Financing Activities -15300 Cash Flows from Investing Activities Sale of Land 4500 Net Cash Provided by Investing Activities 4500 Cash Flows from Financing Activities Payment of Dividends -19200 | Issuance of Common Stock 3900 Net Cash Used by Financing Activities -15300 Net Increase in Cash 4600 Cash at Beginning of Period 10000 Cash at End of Period 14600 SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO TEXT x Your answer is incorrect. 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 J 26200 Student did not submit Show Work for this attempt SHOW SOLUTION SHOW