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Presented below is a condensed version of the comparative balance sh eets for Ayayai Corporation for the last two years at December 31. 2017 2016

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Presented below is a condensed version of the comparative balance sh eets for Ayayai Corporation for the last two years at December 31. 2017 2016 185,850 81,900 Cash Accounts receivable Investments 189,000 194,250 54,600 77,700 312,900 252,000 Accumulated Depreciation-Equipment Current liabilities Common stock Retained earnings (11,300) (93,450) 140,700158,550 168,000 168,000 322,350 185,850 Additional information: Investments were sold at a loss of $10,500, no equipment was sold; cash dividends paid were $31,500; and net income was f1580 Prepare a statement of cash flows for 2017 for Ayayai Corporation. (Show amounts that decrease cash flow with either a - sign eg.-15,000 or in parenthesis (15,000).) e.g AYAYA CORPORATION Statement of Cash Flows Adjustments to reconcle net income to LINK TO TEXT LINK TO TEXT Determine Ayayai Corporation's free cash flow. Free cash flow

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