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Oriole Corporation's comparative balance sheets are as follows. Additional information: 1. Net income was $18,650. Dividends declared and paid were $17,500. 2. Equipment which cost
Oriole Corporation's comparative balance sheets are as follows. Additional information: 1. Net income was $18,650. Dividends declared and paid were $17,500. 2. Equipment which cost $10,400 and had accumulated depreciation of $1,800 was sold for $3,800. Additional information: 1. Net income was $18,650. Dividends declared and paid were $17,500. 2. Equipment which cost $10,400 and had accumulated depreciation of $1,800 was sold for $3,800. 3. No noncash investing and financing activities occurred during 2022. 4. Bonds were retired at their carrying value. E Your answer is incorrect. Compute free cash flow. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Free cash flow $
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