QUESTION 4 Zoum Corporation had the following transactions during 2017: 1. Issued $250,000 of par value common stock for cash. 2. Recorded and paid wages expense of $120,000. 3. Acquired land by issuing common stock of par value $100,000. 4. Declared and paid a cash dividend of $20,000. 5. Sold a long-term investment (cost $8,000) for cash of $6,000. 6. Recorded cash sales of $800,000. 7. Bought inventory for cash of $320,000. 8. Acquired an investment in Zynga stock for cash of $42,000. 9. Converted bonds payable to common stock in the amount of $1,000,000. 10. Repaid a 6-year note payable in the amount of $440,000. What is the net change in cash due to financing activities? $(210,000) $790,000. $230,000. $(1,210,000). QUESTION 7 The following data is available for BOX Corporation at December 31, 2017: Common stock, par S10 (authorized 30.000 shares) $270,000 Treasury stock (at cost $15 per share) $ 1,200 Based on the data, how many shares of common stock are issued? 30,000. 27,000. 29,920. 26,920. QUESTION 8 On the statement of cash flows using the indirect method, patent amortization expense will appear as an inflow of cash in the investing section. be added to net income in the operating section. appear as an outflow of cash in the investing section. be deducted from net income in the operating