\begin{tabular}{|c|c|c|c|c|} \hline \multirow{3}{*}{ Assets } & orporationceSheets & & \multirow{2}{*}{\multicolumn{2}{|c|}{ Inc./Dec. }} \\ \hline & Dec. 31,2025 & Jan. 1, 2025 & & \\ \hline & & & & \\ \hline Cash & $21,540 & $14,060 & $7,480 & Inc. \\ \hline Accounts receivable & 107,540 & 89,060 & 18,480 & Inc. \\ \hline Equipment & 40,540 & 23,060 & 17,480 & Inc. \\ \hline Less: Accumulated depreciation-equipment & 17,000 & 11,000 & 6,000 & Inc. \\ \hline Total & $152,620 & $115,180 & & \\ \hline \multicolumn{5}{|l|}{ Liabilities and Stockholders' Equity } \\ \hline Accounts payable & $21,540 & $16,060 & $5,480 & Inc. \\ \hline Common stock & 101,540 & 81,060 & 20,480 & Inc. \\ \hline Retained earnings & 29,540 & 18,060 & 11,480 & Inc. \\ \hline Total & $152,620 & $115,180 & & \\ \hline \end{tabular} Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense Increase in Accounts Receivable Increase in Accounts Payable Net Cash Provided by Operating Activities Cash Flows from Investing Activities Purchase of Equipment 18480 Cash Flows from Financing Activities Payment of Dividends 34060 Issuance of Stock Net Cash Used by Financing Activities Net Increase in Cash Cash at Beginning of Year Cash at End of Year Compute the current ratio (current assets * current liabilities) as of January 1, 2025, and December 31, 2025, (Round ratios to 2 decimal places, eg. 0.67:1.) Compute free cash flow for the year 2025. (Show amount that decrease cash flow with either asigneg15,000 or in parenthesis eg. (15,000).)