Business, 10.10.2019 02:30 lberman2005p77lfi

Blue spruce corp. had the following transactions during 2017: 1. issued $29 of par value common stock for cash. 2. recorded and paid wages expense of $139200. 3. acquired land by issuing common stock of par value $116000. 4. declared and paid a cash dividend of $23200. 5. sold a long-term investment (cost $6960) for cash of $6960. 6. recorded cash sales of $928000. 7. bought inventory for cash of $371200. 8. acquired an investment in zynga stock for cash of $48720. 9. converted bonds payable to common stock in the amount of $116. 10. repaid a 6-year note payable in the amount of $510400. what is the net cash provided by operating activities? $417600. $672800. $556800. $707600.

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