Ayayai Ltd. engaged in the following cash transactions during 2023: Proceeds from sale of land and building Repurchase of company's own shares Purchase of land Payment of cash dividends Purchase of equipment Issuance of common shares Retirement of bonds payable $197,000 30,000 49,000 64,000 40,000 147,000 203,000 Ayayai prepares financial statements in accordance with ASPE. Determine Ayayai's free cash flow, assuming it reported net cash provided by operating activities of $403,000. The purchase of land was for use, not speculation. (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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