Rojas Corporation's comparative balance sheets are presented below.

ROJAS CORPORATION Comparative Balance Sheets December 31
	2020	2019
Cash	$ 14,300	$ 10,700
Accounts receivable	21,200	23,400
Land	20,000	26,000
Buildings	70,000	70,000
Accumulated depreciation—buildings	(15,000)	(10,000)
Total	$110,500	$120,100
Accounts payable	$ 12,370	$ 31,100
Common stock	75,000	69,000
Retained earnings	23,130	20,000
Total	$110,500	$120,100

Additional information:

Net income was $22,630. Dividends declared and paid were $19,500.

No noncash investing and financing activities occurred during 2017.

The land was sold for cash of $4,900.

Instructions

Prepare a statement of cash flows for 2017 using the indirect method. Compute free cash flow.