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IS (LO 2, 3) Financial Statement Rojas Corporati corporation's comparative balance sheets are presented below Prepare statement of cash flows and confule free cash flow,

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IS (LO 2, 3) Financial Statement Rojas Corporati corporation's comparative balance sheets are presented below Prepare statement of cash flows and confule free cash flow, Rojas Corporation Comparative Balance Sheets December 31 2020 Cash $ 14,300 Accounts receivable 21.200 Land 20,000 Buildings 70,000 Accumulated depreciation buildings (15,000 Total $110.500 $ 12,370 Accounts payable 75,000 Common stock 23.130 Retained earnings $110,500 Total 2019 $ 10,700 23,400 26,000 70,000 (10,000) $120,100 went of cash flows $ 31.100 69,000 20,000 $120,100 Stamos Corpora Additional information: Net income was $22.630. Dividends declared and paid were $19.500 No noncash investing and financing activities occurred during 2020, The land was sold for cash of $4,900. Instructions pare a statement of cash flows for 2020 using the indirect method b. Compute free cash flow

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