1-prepare a statement of cash flows for 2017 using the indirect method

2-compute free cash flow

FULL S Exercise 17-7 Rojas Corporation's comparative balance sheets are presented below. ROJAS CORPORATION Comparative Balance Sheets December 31 2017 2016 Cash Accounts receivable Land Buildings Accumulated depreciation-buildings $14,500 $10,700 23,800 26,300 70,100 (15,000) (10,700) 20,800 19,600 70,100 Total $110,000$120,200 Accounts payable Common stock Retained earnings $11,800 75,000 23,200 $110,000 $28,300 73,400 18,500 $120,200 Total Additional information: 1. Net income was $22,800. Dividends declared and paid were $18,100 2. No noncash investing and financing activities occurred during 2017 3. The land was sold for cash of $4,600 Type here to search