Skysong Inc. engaged in the following cash transactions during 2017.

Purchase of land		$120,000
Purchase of treasury stock		53,000
Issuance of preferred stock		196,000
Sale of land and buildings		266,000
Payment of cash dividends		26,000
Purchase of equipment		72,000
Retirement of bonds		309,000

Skysong reported net cash provided by operating activities of $599,000. Determine Skysongs free cash flow.(Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)