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Marigold Corp. had the following transactions during 2025: 1. Issued $240000 of par value common stock for cash. 2. Recorded and paid salaries and wages
Marigold Corp. had the following transactions during 2025: 1. Issued $240000 of par value common stock for cash. 2. Recorded and paid salaries and wages expense of $125500. 3. Acquired land by issuing common stock valued at $100000. 4. Declared and paid a cash dividend of $22700. 5. Sold land(cost $6000) for cash of $6000. 6. Recorded cash sales of $790000. 7. Bought inventory for cash of $326000. 8. Acquired equipment for cash of $40800. 9. Converted bonds payable to common stock in the amount of $1000000. 10. Repaid a 6-year note payable in the amount of $470000 What is the net cash provided (used) by investing activities? (\$34800). $395200 $865200. (\$134800)
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