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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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