Question: Coronado Cornoration's comparative balance sheets are as follows. Additional information: 1. Net income was $18,250. Dividends declared and paid were $15,600. 2. Equipment which cost





Coronado Cornoration's comparative balance sheets are as follows. Additional information: 1. Net income was $18,250. Dividends declared and paid were $15,600. 2. Equipment which cost $10,200 and had accumulated depreciation of $1,700 was sold for $3,700. 3. No noncash investing and financing activities occurred during 2022. 4. Bonds were retired at their carrying value. Prepare a statement of cash flows for 2022 using the indirect method. (Show amounts that decrease cash flow with either a - slign e.g. 15,000, or in parenthesis es. (15.000)J Compute free cash flow. (Enter negative amount using either a negotive sign preceding the number e.g. -45 or parentheses eg. (45).) Free cashflow $ eTextbook and Media Attempts: 0 of 2 used
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