Brief Exercise 5-16

Tamarisk Corporation engaged in the following cash transactions during 2020.

Sale of land and building $185,700 Purchase of treasury stock 40,200 Purchase of land 43,200 Payment of cash dividend 90,800 Purchase of equipment 55,300 Issuance of common stock 149,700 Retirement of bonds 106,700 Determine Tamarisks free cash flow, assuming that it reported net cash provided by operating activities of $405,350.