Pharoah Companyhad the following transactions during 2017: 1. Issued $280000 of par value common stock for cash. 2. Recorded and paid wages expense of $134400. 3. Acquired land by issuing common stock of par value $112000. 4. Declared and paid a cash dividend of $22400. 5. Sold a long-term investment (cost $6720) for cash of $6720. 6. Recorded cash sales of $896000. 7. Bought inventory for cash of $358400. 8. Acquired an investment in Zynga stock for cash of $47040. 9. Converted bonds payable to common stock in the amount of $1120000. 10. Repaid a 6-year note payable in the amount of $492800. What is the net cash provided (used) by investing activities? ($152320). $967680. $474880 ($40320)