Novak Inc. follows ASPE and had the following statement of financial position at the end of operations for 2022 : During 2023 , the following occurred: 1. Novak sold some of its trademarks. The trademarks had an unlimited useful life and a cost of $10,800. They were sold for proceeds of $20,000. 2. Machinery was purchased in exchange for long-term debt of $40,600. 3. Long-term debt in the amount of $14,200 was retired before maturity by paying $14,200 cash. 4. An additional $10,000 in common shares was issued. 5. Dividends totalling $13,400 were declared and paid to shareholders. Dividends paid are treated as financing activities. During 2023 , the following occurred: 1. Novak sold some of its trademarks. The trademarks had an unlimited useful life and a cost of $10,800. They were sold for proceeds of $20,000. 2. Machinery was purchased in exchange for long-term debt of $40,600. 3. Long-term debt in the amount of $14,200 was retired before maturity by paying $14,200 cash. 4. An additional $10,000 in common shares was issued. 5. Dividends totalling $13,400 were declared and paid to shareholders. Dividends paid are treated as financing activities. 6. Net income for 2023 was $44,300 after allowing for depreciation of $20,000. 7. Machinery with a carrying value of $9,900 was sold at a gain of $7,300. 8. At December 31, 2023, Cash was $69,200; Accounts Receivable was $112,800; Accounts Payable was $83,300, and Inventory increased to $107,600. Calculate the following ratios: (Round current cash debt coverage ratio and cash debt coverage ratio answers to 2 decimal places, e.g. 52.75. Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000). 1. Free cash flow $ 2. Current cash debt coverage ratio to 1 3. Cash debt coverage ratio to 1