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RODRIQUEZ CORPORATION Comparative Balance Sheets December 31 2020 2019 Cash Accounts receivable Investments $16,900 24,900 19,950 59,750 (13,950 ) $107,550 $17,200 22,300 16,050 70,050 (10,100
RODRIQUEZ CORPORATION Comparative Balance Sheets December 31 2020 2019 Cash Accounts receivable Investments $16,900 24,900 19,950 59,750 (13,950 ) $107,550 $17,200 22,300 16,050 70,050 (10,100 ) $115,500 Equipment Accumulated depreciation-equipment Total Accounts payable Bonds payable Common stock $14,350 10,100 50,400 32,700 $107,550 $11,150 30,200 45,100 29,050 $115,500 Retained earnings Total Additional information: 1. Net income was $18,450. Dividends declared and paid were $14,800. 2. Equipment which cost $10,300 and had accumulated depreciation of $2,100 was sold for $3,400. 3. No noncash investing and financing activities occurred during 2020. 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 Click if you would like to Show Work for this question: Open Show Work
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