Pro con 2/L02, 3) Strong AG's comparative statements of financial position are presented below. Strong AG Comparative Statements of Financial Position December 31 Investments Equipment Accumulated depreciation-equipment Accounts receivable Cash Total 2020 23,000 60,000 (14,000) 24,200 28,200 121,400 2019 16,000 70,000 (10,000) 22,300 17,700 116,000 Ordinary shares 60,000 45,000 Retained earnings 31,800 29,900 Bonds payable 10,000 30,000 Accounts payable 19,600 11,100 Total 121,400 116.000 Additional information: 1. Net income was 28,300. Dividends declared and paid were 26,400. 2. Equipment which cost 10,000 and had accumulated depreciation of 1,200 was sold for 4,300. ment or cash flows 3. All other changes in non-current account balances had a direct effect on cash flows, except the change in accumulated depreciation. Instructions a. Prepare a statement of cash flows for 2020 using the indirect method. b. Compute free cash flow