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Novak Corp. had the following transactions during 2022: 1. Issued $347500 of par value common stock for cash. 2. Recorded and paid wages expense of
Novak Corp. had the following transactions during 2022: 1. Issued $347500 of par value common stock for cash. 2. Recorded and paid wages expense of $166800. 3. Acquired land by issuing common stock of par value $139000. 4. Declared and paid a cash dividend of $27800. 5. Sold a long-term investment (cost $8340) for cash of $8340. 6. Recorded cash sales of $1112000. 7. Bought inventory for cash of $444800. 8. Acquired an investment in Zynga stock for cash of $58380. 9. Converted bonds payable to common stock in the amount of $1390000. 10. Repaid a 6-year note payable in the amount of $611600. What is the net cash provided by financing activities? $319700. $(291900). $1681900. $1098100
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