Question: Casper's Cookie Corporation comparative balance sheets are presented below. Casper's Cookie Corporation Comparative Balance Sheets December 31 Cash Accounts receivable Land Buildings Accumulated depreciation-buildings Total

 Casper's Cookie Corporation comparative balance sheets are presented below. Casper's Cookie
Corporation Comparative Balance Sheets December 31 Cash Accounts receivable Land Buildings Accumulated

Casper's Cookie Corporation comparative balance sheets are presented below. Casper's Cookie Corporation Comparative Balance Sheets December 31 Cash Accounts receivable Land Buildings Accumulated depreciation-buildings Total Accounts payable Common stock Retained earnings Total 2019 2018 $ 14,300 $ 10,700 21,200 23,400 20,000 26,000 70,000 70,000 (15,000) (10,000) $110,500 $120,100 $ 12,370 $ 31,100 75,000 69,000 23,130 20,000 $110,500 $120,100 Additional information: . Net income was $22,630. Dividends declared and paid were $19.500. No noncash investing and financing activities occurred during 2019. The land was sold for cash of $4.900. . ts payable Common stock Retained earnings Total $ 12,370 $ 31,100 75,000 69,000 23,130 20,000 $110,500 $120,100 . Additional information: Net income was $22.630. Dividends declared and paid were $19,500. No noncash investing and financing activities occurred during 2019. . The land was sold for cash of $4,900. Instructions (a) Prepare a statement of cash flows for 2019 using the indirect method. (b) Compute free cash flow. LITLA

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