Exercise 5-15 Presented below is a condensed version of the comparative balance sheets for Zubin Mehta Corporation for the last two years at December 31. 2014 2013 Cash $ 321,432 $ 141,648 Accounts receivable 326,880 335,960 Investments 94,432 134,384 Equipment 541,168 435,840 Accumulated Depreciation-Equipment (192,496 ) (161,624 ) Current liabilities 243,344 274,216 Common stock 290,560 290,560 Retained earnings 557,512 321,432

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Determine Zubin Mehta Corporations free cash flow