Presented below is a condensed version of comparative balance sheets partial for Orozco Corporations for the last two years at December 31.

	2019	2018
Assets
Equipment	$260,000	$200,000
Liabilities
Accounts payable	34,000	47,000
Bonds payable	150,000	200,000

Additional information:

1. Net cash provided by operating activities for 2019 was $132,000
2. Cash dividends of $60,000 were declared and paid.
3. Bonds payable amounting to $50,000 were retired through issuance of common stock.
4. Net income for 2019 was $125,000

Instruction

Determine Orozco Corporations current cash debt coverage ratio, cash debt coverage ratio, and free cash flow. Comment on its liquidity and financial flexibility.