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Pearl Corporation engaged in the following cash transactions during 2020. Sale of land and building $ 188,600 Purchase of treasury stock 41,300 Purchase of land
Pearl Corporation engaged in the following cash transactions during 2020.
Sale of land and building | $ 188,600 | |
Purchase of treasury stock | 41,300 | |
Purchase of land | 44,400 | |
Payment of cash dividend | 87,000 | |
Purchase of equipment | 61,100 | |
Issuance of common stock | 147,400 | |
Retirement of bonds | 108,200 |
Determine Pearls free cash flow, assuming that it reported net cash provided by operating activities of $ 407,870. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
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