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. Clarmont Corporation engaged in the following cash transactions during 2012: Sale of land and building 209,000 Purchase of treasury stock 35,000 Purchase of land

. Clarmont Corporation engaged in the following cash transactions during 2012:

Sale of land and building

209,000

Purchase of treasury stock

35,000

Purchase of land

38,000

Payment of cash dividend

105,000

Purchase of equipment

54,000

Issuance of common stock

150,000

Retirement of bonds

97,500

Required:

What is Clarmonts free cash flow, assuming that it reported net cash provided by operating activities of $650,000?

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