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Rodriquez Corporation's comparative balance sheets are presented below. RODRIQUEZ CORPORATION Comparative Balance Sheets December 31 2017 2016 Cash Accounts receivable Investments Equipment Accumulated depreciation-equipment Total

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Rodriquez Corporation's comparative balance sheets are presented below. RODRIQUEZ CORPORATION Comparative Balance Sheets December 31 2017 2016 Cash Accounts receivable Investments Equipment Accumulated depreciation-equipment Total $16,500 25,000 19,950 60,150 (14,250) $107,350 $17,600 22,200 15,850 70,050 (10,400) $115,300 Accounts payable Bonds payable Common stock Retained earnings Total $14,850 10,100 50,100 32,300 $107,350 $11,050 30,100 44,700 29,450 $115,300 Additional information: 1. Net income was $18,250. Dividends declared and paid were $15,400. 2. Equipment which cost $9,900 and had accumulated depreciation of $2,000 was sold for $3,400. 3. No noncash investing and financing activities occurred during 2017, (b) x Your answer is incorrect. Try again. Compute free cash flow. (Enter negative amount using either a negative sign preceding the number e.g. -15 or parentheses e.g. (15).) Free cash flow

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