Using the information in BE5.14, determine Martinez SA's free cash flow, assuming that it reported net cash provided by operating activities of R$400,000.
Sale of land and building................................R$191,000
Purchase of treasury shares...................................40,000
Purchase of land...............................................37,000
Payment of cash dividend...................................95,000
Purchase of equipment.......................................53,000
Issuance of ordinary shares................................147,000
Retirement of bonds........................................100,000