Oriole Companyhad the following transactions during 2022: 1. Issued $280000 of par value common stock for cash. 2. Recorded and paid wages expense of $134400. 3. Acquired land by issuing common stock of par value $112000. 4. Declared and paid a cash dividend of $22400. 5. Sold a long-term investment (cost $6720) for cash of $6720. 6. Recorded cash sales of $896000. 7. Bought inventory for cash of $358400. 8. Acquired an investment in Zynga stock for cash of $47040. 9. Converted bonds payable to common stock in the amount of $1120000. 10. Repaid a 6-year note payable in the amount of $492800. What is the net cash provided by investing activities? $474880 ($40320). ($152320). $967680.
Oriole Companyhad the following transactions during 2022:
1. Issued $280000 of par value common stock for cash.
2. Recorded and paid wages expense of $134400.
3. Acquired land by issuing common stock of par value $112000.
4. Declared and paid a cash dividend of $22400.
5. Sold a long-term investment (cost $6720) for cash of $6720.
6. Recorded cash sales of $896000.
7. Bought inventory for cash of $358400.
8. Acquired an investment in Zynga stock for cash of $47040.
9. Converted bonds payable to common stock in the amount of $1120000.
10. Repaid a 6-year note payable in the amount of $492800.
What is the net cash provided by investing activities?
$474880
($40320).
($152320).
$967680.
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