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Tamarisk, Inc.had the following transactions during 2017: Issued $235000 of par value common stock for cash. Recorded and paid wages expense of $112800. Acquired land
Tamarisk, Inc.had the following transactions during 2017: Issued $235000 of par value common stock for cash. Recorded and paid wages expense of $112800. Acquired land by issuing common stock of par value $94000. Declared and paid a cash dividend of $18800. Sold a long-term investment (cost $5640) for cash of $5640. Recorded cash sales of $752000. Bought inventory for cash of $300800. Acquired an investment in Zynga stock for cash of $39480. Converted bonds payable to common stock in the amount of $940000. Repaid a 6-year note payable in the amount of $413600. What is the net cash provided by investing activities? ($127840). $398560 ($33840). $812160
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