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Zoum corporation had the following transactions during 2015: Issued $125,000 of par value common stock for cash. Recorded and paid wages expenses of $60,000. Acquired
Zoum corporation had the following transactions during 2015: Issued $125,000 of par value common stock for cash. Recorded and paid wages expenses of $60,000. Acquired land by issuing common stock of par value $50,000. Declared and paid a cash dividend of $10,000. sold a long - term investment(cost $3,000) for cash of $3,000. Recorded cash sales of $400,000. Bought inventory for cash of $160,000. Acquired an investment in Zynga stock for cash of $ 21,000. Converted bonds payable to common stock in the amount of $500,000. What is the net cash provided by operating activities? $170,000 $180,000 $240,000 $340,000
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