Brief Exercise 5-16

Carla Corporation engaged in the following cash transactions during 2017.

Sale of land and building		$184,100
Purchase of treasury stock		47,700
Purchase of land		43,700
Payment of cash dividend		87,300
Purchase of equipment		58,300
Issuance of common stock		147,300
Retirement of bonds		104,200

Determine Carlas free cash flow, assuming that it reported net cash provided by operating activities of $408,110. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Free cash flow

$