A comparative balance sheet for Marin Corporation is presented below. December 31
Assets 2017 2016
Cash $ 72,830 $ 22,000
Accounts receivable 84,220 68,390
Inventory 182,220 191,390
Land 73,220 112,390
Equipment 262,220 202,390
Accumulated Depre- (71,220) (44,390)
ciation-Equipment
Total $603,490 $552,170
Liabilities and Stockholders' Equity
Accounts payable $ 36,220 $ 49,390
Bonds payable 150,000 200,000
Common stock ($1 par) 214,000 164,000
Retained earnings 203,270 138,780
Total $603,490 $552,170
Additional information:
1.Net income for 2017 was $129,440. No gains or losses were recorded in 2017.
2.Cash dividends of $64,950 were declared and paid.
3.Bonds payable amounting to $50,000 were retired through issuance of common stock.
Determine Marin Corporation's current cash debt coverage, cash debt coverage, and free cash flow.

Prepare the operating activities section—indirect method.(lo 4), apthe income statement of paxson company is presented here.paxson companyincome statementfor the year ended november 30, 2014sales revenue $7,600,000cost of goods sold beginning inventory$1,900,000 purchases4,400,000goods available for sale6,300,000 ending inventory1,600,000total cost of goods sold 4,700,000gross profit 2,900,000operating expenses selling expenses450,000 administrative expenses700,0001,150,000net income $1,750,000additional information: prepare the operating activities section—indirect 1. accounts receivable decreased $380,000 during the year, and inventory decreased $300,000.2. prepaid expenses increased $150,000 during the year.3. accounts payable to suppliers of merchandise decreased $350,000 during the year.4. accrued expenses payable decreased $100,000 during the year.5. administrative expenses include depreciation expense of $110,000.instructionsprepare the operating activities section of the statement of cash flows for the year ended november 30, 2014, for paxson company, using the indirect method.net cash provided $1,940,000