Problem 15-13 (Static) Prepare and Interpret a Statement of Cash Flows; Free Cash Flow [LO15-1, LO15- 2, LO15-3] Mary Walker, president of Rusco Company, considers $14,000 to be the minimum cash balance for operating purposes. As can be seen from the following statements, only $8,000 in cash was available at the end of this year. Since the company reported a large net income for the year, and also issued both bonds and common stock, the sharp decline in cash is puzzling to Ms. Walker.