Question: Presented below is a condensed version of the comparative balance sheets for Zubin Mehta Corporation for the last two years at December 31. 2014 2013

Presented below is a condensed version of the comparative balance sheets for Zubin Mehta Corporation for the last two years at December 31. 2014 2013 Additional information: Investments were sold at a loss (not extraordinary) of $11,440; no equipment was sold; cash dividends paid were $34,320; and net income was $183,040.Determine Zubin Mehta Corporations free cash flow (theres should be 17 entries)

	2014			2013
Cash		$ 202,488			$ 89,232
Accounts receivable		205,920			211,640
Investments		59,488			84,656
Equipment		340,912			274,560
Accumulated Depreciation-Equipment		(121,264	)		(101,816	)
Current liabilities		153,296			172,744
Common stock		183,040			183,040
Retained earnings		351,208			202,488

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