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Wildhorse Co. had the following transactions during 2025: 1. Issued $280000 of par value common stock for cash. 2. Recorded and paid salaries and
Wildhorse Co. had the following transactions during 2025: 1. Issued $280000 of par value common stock for cash. 2. Recorded and paid salaries and wages expense of $123500. 3. Acquired land by issuing common stock valued at $100000. 4. Declared and paid a cash dividend of $24300. 5. Sold land (cost $6000) for cash of $6000. 6. Recorded cash sales of $780000. 7. Bought inventory for cash of $312000. 8. Acquired equipment for cash of $44900. 9. Converted bonds payable to common stock in the amount of $1000000. 10. Repaid a 6-year note payable in the amount of $471000. What is the net cash provided by operating activities? $568000. O $344500. O $468000. $589000.
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