Blue Spruce Corp.s comparative balance sheets are presented below:

Blue Spruce Corp. Comparative Balance Sheets December 31
		2020			2019
Cash		$ 16,600			$ 17,700
Accounts receivable		25,400			22,000
Investments		19,850			15,750
Equipment		59,750			70,050
Accumulated depreciationequipment		(14,250	)		(10,100	)
Total		$107,350			$115,400
Accounts payable		$ 14,450			$ 11,050
Bonds payable		10,600			30,100
Common stock		50,300			45,100
Retained earnings		32,000			29,150
Total		$107,350			$115,400

Additional information:

1.		Net income was $18,450. Dividends declared and paid were $15,600.
2.		Equipment which cost $10,300 and had accumulated depreciation of $1,900 was sold for $3,500.
3.		No noncash investing and financing activities occurred during 2020. 1. Prepare a statement of cash flows for 2020 using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -45,000, or in parenthesis e.g. (45,000).) 2. Compute free cash flow.------------