PROBLEM #1 The following is a condensed version of the comparative balance sheets for Martin Corporation for the last two years at December 31. 2020 $177,000 180,000 52,000 298,000 2019 CASH $ 78,000 ACCOUNTS RECEIVABLE 185,000 INVESTMENTS 74,000 EQUIPMENT 240,000 A/D EQUIPMENT (89,000) CURRENT LIABILITIES 151,000 COMMON STOCK 160,000 RETAINED EARNINGS 177,000 (106,000) 134,000 160,000 307,000 Investments (long term) were sold at a loss of $10,000; no equipment was sold. Cash dividends paid were $30,000 and net income was $160,000. 1. Prepare a cash flow statement in good form. 2. Compute the free cash flow