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Rodriquez Corporation's comparative balance sheets are presented below: 2019 RODRIQUEZ CORPORATION Comparative Balance Sheets December 31 2020 Cash $16,900 Accounts receivable 24,900 Investments 19,950 Equipment
Rodriquez Corporation's comparative balance sheets are presented below: 2019 RODRIQUEZ CORPORATION Comparative Balance Sheets December 31 2020 Cash $16,900 Accounts receivable 24,900 Investments 19,950 Equipment 59,750 Accumulated depreciation-equipment (13,950) Total $107,550 $17,200 22,300 16,050 70,050 (10,100) $115,500 Accounts payable Bonds payable Common stock Retained earnings Total $14,350 10,100 50,400 32,700 $107,550 $11,150 30,200 45,100 29,050 $115,500 Additional information: 1. 2. Net income was $18.450. Dividends declared and paid were $14,800. Equipment which cost $10,300 and had accumulated depreciation of $2,100 was sold for $3,400. No noncash investing and financing activities occurred during 2020. 3. RODRIQUEZ CORPORATION Statement of Cash Flows Adjustments to reconcile net income to $ > > > Compute free cash flow. (Enter negative amount using either a negative sign preceding the number eg.-45 or parentheses e.g.(45).) Free cash flow $
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