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Presented below are the financial statements of Windsor Ltd. Windsor Ltd. Comparative Statements of Financial Position December 31 Equity and Liabilities Share capital-ordinary Retained earnings
Presented below are the financial statements of Windsor Ltd. Windsor Ltd. Comparative Statements of Financial Position December 31 Equity and Liabilities Share capital-ordinary Retained earnings Bonds payable 23,40065,00035,10018,20049,40042,900 Accounts payable Income taxes payable Total 1. Depreciation expense is 17,290. 2. Dividends declared and paid were 26,000. 3. During the year, equipment was sold for 12,610cash. This equipment cost 23,400 originally and had accumulated depreciation of 6,500 at the time of sale. 100 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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