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Question 8 Novak Corp.had the following transactions during 2022: 1. Issued $205000 of par value common stock for cash. 2. Recorded and paid wages expense

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Question 8 Novak Corp.had the following transactions during 2022: 1. Issued $205000 of par value common stock for cash. 2. Recorded and paid wages expense of $98400. 3. Acquired land by issuing common stock of par value $82000. 4. Declared and paid a cash dividend of $16400. 5. Sold a long-term investment (cost $4920) for cash of $4920. 6. Recorded cash sales of $656000. 7. Bought inventory for cash of $262400. 8. Acquired an investment in Zynga stock for cash of $34440. 9. Converted bonds payable to common stock in the amount of $820000. 10. Repaid a 6-year note payable in the amount of $360800. What is the net cash provided by investing activities? O $347680 O ($29520). O ($111520). O $708480

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