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Rojas Corporations comparative balance sheets are presented below. ROJAS CORPORATION Comparative Balance Sheets December 31 2020 2019 Cash $14,700 $11,000 Accounts receivable 21,100 23,800 Land

Rojas Corporations comparative balance sheets are presented below.

ROJAS CORPORATION Comparative Balance Sheets December 31

2020

2019

Cash

$14,700

$11,000

Accounts receivable

21,100

23,800

Land

20,000

25,600

Buildings

70,000

70,000

Accumulated depreciationbuildings

(15,400

)

(10,700

)

Total

$110,400

$119,700

Accounts payable

$12,300

$28,100

Common stock

74,600

73,800

Retained earnings

23,500

17,800

Total

$110,400

$119,700

Additional information:

1. Net income was $23,000. Dividends declared and paid were $17,300.
2. No noncash investing and financing activities occurred during 2020.
3.

The land was sold for cash of $4,700.

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

$enter a dollar amount

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