Presented below is a condensed version of the comparative balance sheets for Monty Corporation for the last two years at December 31.

	2017	2016
cash	$ 292,050	$ 128,700
accounts receivable	297,000	305,250
Investments	85,800	122,100
Equipment	491,700	396,000
Accumulated Depreciation-Equipment	(174,900)	(146,850)
Current liabilities	221,100	249,150
Common stock	264,000	264,000
Retained earnings	506,550	292,050

Additional information: Investments were sold at a loss of $16,500; no equipment was sold; cash dividends paid were $49,500; and net income was $264,000.

A) Prepare a statement of cash flows for 2017 for Monty Corporation.

B) Determine Monty Corporations free cash flow.