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Kingbird, Inc. had the following transactions during 2022: 1. Issued $317500 of par value common stock for cash. 2. Recorded and paid wages expense of
Kingbird, Inc. had the following transactions during 2022: 1. Issued $317500 of par value common stock for cash. 2. Recorded and paid wages expense of $152400. 3. Acquired land by issuing common stock of par value $127000. 4. Declared and paid a cash dividend of $25400. 5. Sold a long-term investment (cost $7620) for cash of $7620. 6. Recorded cash sales of $1016000. 7. Bought inventory for cash of $406400. 8. Acquired an investment in Zynga stock for cash of $53340. 9. Converted bonds payable to common stock in the amount of $1270000. 10. Repaid a 6-year note payable in the amount of $558800. What is the net cash provided by financing activities? $292100. $1003300. $(266700). $1536700
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