Question 2 of 5 View Policies m Current Attempt in Progress Pina Colada Corp. had the following transactions during 2025: 1. Issued $230000 of par value common stock for cash. 2. Recorded and paid salaries and wages expense of $122500. 3. Acquired land by issuing common stock valued at $100000. 4. Declared and paid a cash dividend of $22500. 5. Sold a land (cost $6000) for cash of $6000. 6. Recorded cash sales of $790000. 7. Bought inventory for cash of $347000. 8. Acquired equipment for cash of $42100. 9. Converted bonds payable to common stock in the amount of $1000000. 10. Repaid a 6-year note payable in the amount of $424000. What is the net cash provided (used) by financing activities? O $754000. O $(216500). O $207500. O $(1216500).