Rojas Corporation's comparative balance sheets are presented below. ROJAS CORPORATION Comparative Balance Sheets December 31 2020 2019 Cash Accounts receivable Land Buildings Accumulated depreciation-buildings Total $14,600 21,600 20,500 70,200 (14,500) $112,400 $10,300 23,900 25,900 70,200 (10,800 ) $119,500 Accounts payable Common stock Retained earnings Total $12,000 74,000 26,400 $112,400 $28,200 73,300 18,000 $119,500 Additional information: 1. 2. Net income was $22,900. Dividends declared and paid were $14,500. No noncash investing and financing activities occurred during 2020. The land was sold for cash of $4,700. 3. (a) 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).) ROJAS CORPORATION Statement of Cash Flows $ Adjustments to reconcile net income to $ $ 4 $ e Textbook and Media (b) 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 $