Q$4$:

Presented below is a condensed version of the comparative statements of financial position for Ottawa

Traders for the last two years $at{?}_{(}())$ December $31.$

Additional information:

Investments were sold at a gain of CA $$8,000.$

No investments were purchased.

No equipment was sold.

Cash dividends paid were CA $$41,000.$

Net income was CA$$216,000.$

Instructions

$($a$)$ Prepare a statement of cash flows for $2022$ for Ottawa Traders.

$($b$)$ Determine Ottawa Traders' free cash flow.