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Assignment Time: 07:03 PM / Remaining 6 min. Multiple Choice Question 80 Blue Spruce Corp. had the following transactions during 2017 1. Issued $325000 of
Assignment Time: 07:03 PM / Remaining 6 min. Multiple Choice Question 80 Blue Spruce Corp. had the following transactions during 2017 1. Issued $325000 of par value common stock for cash, 2. Recorded and paid wages expense of $156000. 3. Acquired land by issuing common stock of par value $130000. 4. Declared and paid a cash dividend of $26000 5. Sold a long-term investment (cost $7800) for cash of $7800. 6. Recorded cash sales of $1040000. 7. Bought inventory for cash of $416000. 8. Acquired an investment in Zynga stock for cash of $54600. 9. Converted bonds payable to common stock in the amount of $1300000 10. Repaid a 6-Year note payable in the amount of $572000. What is the net cash provided by financing activities? $299000 $(273000). $1027000 $1573000
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