Miroz Corporation's comparative balance sheets are presented below. MIROZ CORPORATION Comparative Balance Sheets December 31 2017 2016 Cash Accounts receivable Investments Equipment Accumulated depreciation Total $ 18,700 24,700 25,000 59,000 (14,500) $112,900 $ 13,600 6,000 50,000 43,300 $112,900 $ 22,700 22,300 16,000 70,000 (10,000) $121,000 Accounts payable Bonds payable Common stock Retained earnings Total $11,100 30,000 45,000 34,900 $121,000 Additional information: 1. Net income was $17,700. Dividends declared and paid were $9,300. 2. Equipment which cost $11,000 and had accumulated depreciation of $2,000 was sold for $4,000. 3. All other changes in noncurrent account balances had a direct effect on cash flows, except the change in accumulated depreciation. Instruction (a) Prepare a statement of cash flows for 2017 using the indirect method. (b) Compute free cash flow