Blue Spruce Corp.had the following transactions during 2017:

Blue Spruce Corp.had the following transactions during 2017: 1. Issued $295000 of par value common stock for cash. 2. Recorded and paid wages expense of $141600. 3. Acquired land by issuing common stock of par value $118000. 4. Declared and paid a cash dividend of $23600. 5. Sold a long-term investment (cost $7080) for cash of $7080. 6. Recorded cash sales of $944000. 7. Bought inventory for cash of $377600. 8. Acquired an investment in Zynga stock for cash of $49560. 9. Converted bonds payable to common stock in the amount of $1180000. 10. Repaid a 6-year note payable in the amount of $519200. What is the net cash provided (used) by investing activities? $1019520. ($42480). $500320 O ($160480)