Rodriquez Corporations comparative balance sheets are presented below:

RODRIQUEZ CORPORATION Comparative Balance Sheets December 31
		2020			2019
Cash		$16,700			$17,600
Accounts receivable		24,900			22,000
Investments		19,850			16,250
Equipment		59,950			69,950
Accumulated depreciationequipment		(14,050	)		(10,300	)
Total		$107,350			$115,500
Accounts payable		$14,650			$11,050
Bonds payable		10,500			30,000
Common stock		49,900			44,900
Retained earnings		32,300			29,550
Total		$107,350			$115,500

Additional information:

1.		Net income was $18,650. Dividends declared and paid were $15,900.
2.		Equipment which cost $10,000 and had accumulated depreciation of $1,700 was sold for $3,400.
3.		No noncash investing and financing activities occurred during 2020.

Prepare a statement of cash flows for 2020 using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000, or in parenthesis e.g. (15,000).)

RODRIQUEZ CORPORATION Statement of Cash Flows For the Year Ended December 31, 2020December 31, 2020For the Month Ended December 31, 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

$