Pina Colada Corp's comparative balance sheets are presented below. Pina Colada Corp. Comparative Balance Sheets December 31 2019 Cash Accounts receivable Land $ 14,200 21.500 19.600 70.100 (15,400) $110.000 2018 $ 11,000 23.500 25.800 70.100 (10.500) $119.900 Buildings Accumulated depreciation-buildings Total Accounts payable Common stock Retained earnings $11.900 75.900 22,200 $27.700 73,600 18,600 $119.900 Total $110.000 Additional information: 1. Net income was 522.500. Dividends declared and paid were $18.900. 2. No noncash investing and financing activities occurred during 2019. 3. The land was sold for cash of $4.900. n e Prepare a statement of cash flows for 2019 using the indirect method. (Show amounts that decrease cash flow with other o -15,000, or in porenthesis es (15,000u Pina Colada Corp. Statement of Cash Flows Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense Loss on Disposal of Land Decrease in Accounts Receivable : Decrease in Accounts Payable ! Net Cash Provided by Operatinctivities : Cash Flows from Investing Activities Sale of Land Cash Flows from Financing Activities Issuance of Common Stock Payment of Dividends Net Cash Used by Financing Activities Net Increase in Cash Cash at Beginning of Period Cash at End of Period eTextbook and Media Attempts: 0 of 3 used Save for Later Last saved 1 secondaro Saved work will be to submitted on the due date Submit Answer Cash at End of Period 14,600 Your Answer Correct Answer (Used) * Your answer is incorre Compute free cash flow. (Enter negative amount using elther a negative slani preceding the number eg.-45 or parenthesese.. (451) Free cash flow $ e Textbook and Media Solution Attempts: 3 of 3 used Your grade has been recorded in the Gradebook Sat, May 2, 2020, 10:46:50 PM (America/Chicago 05:00) Next > Next Previous