Multiple Choice Question 60 Tamarisk, Inc. had the following transactions during 2017: 1. Issued $260000 of par value common stock for cash. 2. Recorded and paid wages expense of $124800. 3. Acquired land by issuing common stock of par value $104000. 4. Declared and paid a cash dividend of $20800. 5. Sold a long-term investment (cost $6240) for cash of $6240. 6. Recorded cash sales of $832000. 7. Bought inventory for cash of $332800. 8. Acquired an investment in Zynga stock for cash of $43680. 9. Converted bonds payable to common stock in the amount of $1040000. 10. Repaid a 6-year note payable in the amount of $457600. What is the net cash provided by operating activities? $374400. $634400. $603200 $499200