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Question 16 (3 points) Facebook Corporation had the following items during 2022: 1. Issued stock for cash $250,000. 2. Depreciation expense during the year amounted

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Question 16 (3 points) Facebook Corporation had the following items during 2022: 1. Issued stock for cash $250,000. 2. Depreciation expense during the year amounted to $120,000. 3. Purchased land in exchange for stock valued at $100,000. 4. Paid a cash dividend of $20,000. 5. Increase in accounts receivable of $6,000. 6. Recorded cash sales of $800,000 during the year. 7. Decrease in inventory of $320,000. 8. Purchased a building for cash of $42,000. 9. Converted bonds payable to common stock valued at $1,000,000. 10. Repaid a 6-year note payable in the amount of $440,000. What is the net cash provided by financing activities? ( a) none of the choices are correct ( b) $(210,000). O c) $(410,000). O d) $790,000. Oe) $230,000

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