The following is a condensed version of the comparative balance sheets for Pearl Corporation for the last two years at December 31.

		2020			2019
Cash		$ 398,250			$ 175,500
Accounts receivable		405,000			416,250
Investments		117,000			166,500
Equipment		670,500			540,000
Accumulated Depreciation-Equipment		(238,500	)		(200,250	)
Current liabilities		301,500			339,750
Common stock		360,000			360,000
Retained earnings		690,750			398,250

Additional information: Investments were sold at a loss of $22,500; no equipment was sold; cash dividends paid were $67,500; and net income was $360,000.

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

Determine Pearl Corporations free cash flow.