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Coronado Corporation's comparative balance sheets are presented below. Additional information: 1. Net income was $23,100. Dividends declared and paid were $22,200. 2. No noncash investing
Coronado Corporation's comparative balance sheets are presented below. Additional information: 1. Net income was $23,100. Dividends declared and paid were $22,200. 2. No noncash investing and financing activities occurred during 2022. 3. The land was sold for cash of $4,600. Cash Flows from Investing Activities Sale of Land Net Cash Provided by Investing Activities $ \begin{tabular}{|r|} \hline 20200 \\ \hline \end{tabular} Cash Flows from Financing Activities Issuance of Common Stock Payment of Dividends Net increase in Cash Cash at Beginning of Period Cashat End of Period \begin{tabular}{rr|} \hline 16100 \\ \hline$2800 \\ \hline$53600 \\ \hline 5 \\ \hline 5 \\ \hline \end{tabular} Compute free cash flow. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Free cashflow $ Prepare a statement of cash flows for 2022 using the indirect method. (Show amounts that decrease cash flow with either a
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