- Homework PRINTER VERSION BACK NE cercise 5.5 Eercise 5-16 sercise 513 xercise 5-20 Bercise 5:22 25-2 Brief Exercise Novak Ltdrenggaden the following cash transactions during 2020: Proceeds from sale of land and building $200,000 Repurchase of company's own shares 27,000 Purchase of land 54,000 Payment of cash dividends 64,000 Purchase of equipment 45,000 Issuance of common shares 159,000 Retirement of bonds payable 205,000 5-10 a 513al Novak prepares financial statements in accordance with ASPE Kore esults by Study Determine Novak's free cash flow, assuming that it reported net cash provided by operating activities of $402,000. The purchase of land was for use. (Enrer negative amounts using either a negative sign preceding the number e.g.-15 or parentheses eg. (15)) Free cash flow