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Question 20 of 31 > View Policies Current Attempt in Progress Metlock, Inc. had the following transactions during 2022: 1. Issued $225000 of par
Question 20 of 31 > View Policies Current Attempt in Progress Metlock, Inc. had the following transactions during 2022: 1. Issued $225000 of par value common stock for cash. 2. Recorded and paid wages expense of $108000. 3. Acquired land by issuing common stock of par value $90000. 4. Declared and paid a cash dividend of $18000. 5. Sold a long-term investment (cost $5400) for cash of $5400. 6. Recorded cash sales of $720000. 7. Bought inventory for cash of $288000. 8. Acquired an investment in Zynga stock for cash of $37800. 9. Converted bonds payable to common stock in the amount of $900000. 10. Repaid a 6-year note payable in the amount of $396000. What is the net cash provided by operating activities? $432000. $522000. $324000. $549000. -/3.88 !
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