1.

D Question 1 Use the following cash flow data of Haven Hardware for the year ended December 31, 2020. Cash Dividend $70,000 Purchase of Land $ 28,000 Cash Payment on Interest $ 20,000 Cash Payment on Salaries $ 90,000 Sales of Equipment $ 76,000 Retirement of Common Stock $50,000 Purchase of Equipment $ 60,000 Cash Payments to Suppliers $170,000 Cash Collections from Customers $ 500,000 Cash at the Beginning of the Year $ 100,000 What is the net cash provided by operating activities of Haven Hardware? -$30,000 $220,000 $320,000 $780,000