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Larkspur Corporation engaged in the following cash transactions during 2020. Sale of land and building $187,500 Purchase of treasury stock 41,700 Purchase of land 46,300
Larkspur Corporation engaged in the following cash transactions during 2020.
Sale of land and building | $187,500 | |
Purchase of treasury stock | 41,700 | |
Purchase of land | 46,300 | |
Payment of cash dividend | 91,600 | |
Purchase of equipment | 54,800 | |
Issuance of common stock | 153,200 | |
Retirement of bonds | 108,600 |
Determine Larkspurs free cash flow, assuming that it reported net cash provided by operating activities of $404,570. (
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