Lnurunu Rojas Corporation's comparative balance sheets are presented below. ROJAS CORPORATION Comparative Balance Sheets December 31 2020 Cash $15,100 Accounts receivable 21,200 Land 20,400 Buildings 69,700 Accumulated depreciation-buildings (15,400) Total $111,000 2019 $10,200 23,100 26,000 69,700 (10,600) $118,400 Accounts payable Common stock Retained earnings Total $12,700 74,100 24,200 $111,000 $28,200 73,400 16,800 $118,400 Additional information: 1. Net income was $22,400. Dividends declared and paid were $15,000. 2. No noncash investing and financing activities occurred during 2020. 3. The land was sold for cash of $4,500. Prepare a statement of cash flows for 2020 using the indirect method. (Show amounts that decrease ca NT RESOURCES | Issuance of Common Stock 700 17-08 Payment of Dividends (15000) core Net Cash Used by Financing Activities esults by Study (14300) Net Increase in Cash 4900 TCash at Beginning of Period 10200 Cash at End of Period Your answer is incorrect. Try again. Compute free cash flow. (Enter negative amount using either a negative sign preceding the number .. Free cash flow Click if you would like to show Work for this questions Open Show Work Paliex l2009-2020 Wi e ns. All Rights Reserved. A Division of John Wesence Type here to search