E12.10 (LO 2, 3) Rodriquez Corporation's comparative balance sheets are presented below. 2019 bi$ 15,200 Rodriquez Corporation Comparative Balance Sheets December 31 2020 000.00 Cash Accounts receivable 25,200 Investments 20,000 Equipment 60,000 Accumulated depreciation equipment (14,000) Total $106,400 Accounts payable $ 14,600 10,000 Bonds payable Common stock 50,000 Retained earnings 31,800 Total $106,400 $ 17,700 22,300 16,000 70,000 (10,000) $116,000 $ 11,100 30,000 45,000 29,900 $116,000 Additional information: 1. Net income was $18,300. Dividends declared and paid were $16,400. 2. Equipment which cost $10,000 and had accumulated depreciation of $1,200 was sold for $3,300. 3. No noncash investing and financing activities occurred during 2020. Won Instructions a. Prepare a statement of cash flows for 2020 using the indirect method. b. Compute free cash flow