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Kimmel, Accounting,6e Help I System Announcements Multiple Choice Question 81 Nash's Trading Post, LLChad the following transactions during 2017: 1. Issued $167500 of par value

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Kimmel, Accounting,6e Help I System Announcements Multiple Choice Question 81 Nash's Trading Post, LLChad the following transactions during 2017: 1. Issued $167500 of par value common stock for cash. 2. Recorded and paid wages expense of $80400. 3. Acquired land by issuing common stock of par value $67000 4. Declared and paid a cash dividend of $13400 5. Sold a long-term investment (cost $4020) for cash of $4020. 6. Recorded cash sales of $536000. 7. Bought inventory for cash of $214400. 8. Acquired an investment in Zynga stock for cash of $28140. 9. Converted bonds payable to common stock in the amount of $670000. 10. Repaid a 6-year note payable in the amount of $294800. What is the net cash provided (used) by investing activities? $578880 $284080 0 ($91120) ($24120) Click if you would like to Show Work for this question: Open Show Work

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