Martinez Corporation engaged in the following cash transactions during 2010.
Sale of land and building $191,000
Purchase of treasury stock 40,000
Purchase of land 37,000
Payment of cash dividend 95,000
Purchase of equipment 53,000
Issuance of common stock 147,000
Retirement of bonds 100,000
Determine Martinez's free cash flow, assuming that it reported net cash provided by operating activities of $400,000.