Question: Sandhill Corporation's comparative balance sheets are presented below. Additional information: 1. Net income was $29,900. Dividends declared and paid were $24,500. 2. All other changes


Sandhill Corporation's comparative balance sheets are presented below. Additional information: 1. Net income was $29,900. Dividends declared and paid were $24,500. 2. All other changes in noncurrent account balances had a direct effect on cash flows, except the change in accumulated depreciation. The land was sold for $6,900. Compute free cash flow. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000).) Free cashflow $
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