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Wildhorse Co. had the following transactions during 2017: Issued $287500 of par value common stock for cash. Recorded and paid wages expense of $138000. Acquired

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Wildhorse Co. had the following transactions during 2017: Issued $287500 of par value common stock for cash. Recorded and paid wages expense of $138000. Acquired land by issuing common stock of par value $115000. Declared and paid a cash dividend of $23000. Sold a long-term investment (cost $6900) for cash of $6900. Recorded cash sales of $920000. Bought inventory for cash of $368000. Acquired an investment in Zynga stock for cash of $48300. Converted bonds payable to common stock in the amount of $1150000. Repaid a 6-year note payable in the amount of $506000. What is the net cash provided by investing activities? $487600 ($156400). ($41400). $993600

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