Question
Skysong, Inc. had the following transactions during 2022: 1. Issued $197500 of par value common stock for cash. 2. Recorded and paid wages expense of
Skysong, Inc. had the following transactions during 2022: 1. Issued $197500 of par value common stock for cash. 2. Recorded and paid wages expense of $94800. 3. Acquired land by issuing common stock of par value $79000. 4. Declared and paid a cash dividend of $15800. 5. Sold a long-term investment (cost $4740) for cash of $4740. 6. Recorded cash sales of $632000. 7. Bought inventory for cash of $252800. 8. Acquired an investment in Zynga stock for cash of $33180. 9. Converted bonds payable to common stock in the amount of $790000. 10. Repaid a 6-year note payable in the amount of $347600. What is the net cash provided by financing activities?
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