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D Question 26 Zoum Corporation had the following transactions during 2022: 1 Issued $250,000 of par value common stock for cash. 2 Recorded and
D Question 26 Zoum Corporation had the following transactions during 2022: 1 Issued $250,000 of par value common stock for cash. 2 Recorded and paid wages expense of $120,000. 3. Acquired land by issuing common stock of par value $100,000. 4. Declared and paid a cash dividend of $20,000. 5. Sold a long-term investment (cost $8,000) for cash of $6,000. 6. Recorded cash sales of $800,000. 7. Bought inventory for cash of $320,000. 8. Acquired an investment in Zynga stock for cash of $42.000. 9. Converted bonds payable to common stock in the amount of $1,000,000. 10. Repaid a 6-year note payable in the amount of $440,000. What is the net cash provided by financing activities? O $230,000 O $(1.210.000) $210,000) $790,000
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