Mulder Corporation's comparative balance sheets are presented below. MULDER CORPORATION Comparative Balance Sheets December 31 2012 2011 Cash $ 15,200 $ 17,700 Accounts receivable 25,200 22,300 Investments 20,000 16,000 Equipment 60,000 70,000 Accumulated depreciation (14,000) (10,000) Total $106,400 $116,000 Accounts payable $ 14,600 $ 11,100 Bonds payable 10,000 30,000 Common stock 50,000 45,000 Retained earnings 31,800 29,900 Total $106,400 $116,000 Additional information: 1.Net income was $18,300. Dividends declared and paid were $16,400.2.Equipment which cost $10,000 and had accumulated depreciation of $1,200 was sold for $3,300. 3.All other changes in non current account balances had a direct effect on cash flows, except the change in accumulated depreciation. Prepare a statement of cash flows for 2012 using the indirect method

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I need help with the assessment below. I cannot figure it out for he life of me. Help with these parts below would be greatly appreciated!




Preparing statement of cash flow


(Preparation and Analysis of Statement of Cash Flows) Here are the financial statements of Falcon Company.

Falcon Company
Comparative Balance Sheets
December 31, 2016
Assets				2016		2015
Cash				$13,000		$16,500
Accounts receivable				14,000		7,000
Merchandise inventory				19,000		12,500
Property, plant, and equipment			$35,000		$39,000
Less: Accumulated depreciation			(13,500)	21,500	(12,000)	27,000
Total				$67,500		$63,000
Liabilities and Stockholdersâ Equity
Accounts payable				$15,500		$21,500
Income taxes payable				13,000		10,000
Bonds payable				10,000		5,000
Common stock				12,500		12,500
Retained earnings				16,500		14,000
Total				$67,500		$63,000

	Falcon Company
	Income Statement
	For the Year Ended December 31, 2016
	Sales				$143,000
	Cost of goods sold				97,000
	Gross profit				46,000
	Selling expenses			$14,000
	Administrative expenses			4,500	18,500
	Income from operations				27,500
	Interest expense				3,500
	Income before income taxes				24,000
	Income tax expense				3,500
	Net income				$20,500

Additional data:
1. Dividends of	$18,000	were declared and paid.
2. During the year equipment was sold for 5,000 cash. This equipment originally cost 7,500, and it had a book value of 5,000 at the time of sale.

3. All depreciation expense, 4,000, is in the sellling expense catagory.
4. All sales and purchases are on account.
5. Additional equipment was purchased for 3,500 cash.
Instructions:
(a) Prepare a statement of cash flows using the indirect method.



	(b)(1) Compute the current cash debt coverage ratio.







	(b)(2) Compute the cash debt coverage ratio.




	(b)(3) Compute the free cash flow.

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MULDUR CORPORATION
Comparative Balance Sheets
December 31
	2012	2011
Cash	$ 15,200	$ 17,700
Accounts receivable	25,200	22,300
Investments	20,000	16,000
Equipment	60,000	70,000
Accumulated depreciation	(14,000)	(10,000)
Total	$106,400	$116,000

Accounts payable	$ 14,600	$ 11,100
Bonds payable	10,000	30,000
Common stock	50,000	45,000
Retained earnings	31,800	29,900
Total	$106,400	$116,000