Reference no: EM132480173

Question - Tamarisk, Inc.had the following transactions during 2022:

1. Issued $280000 of par value common stock for cash.

2. Recorded and paid wages expense of $134400.

3. Acquired land by issuing common stock of par value $112000.

4. Declared and paid a cash dividend of $22400.

5. Sold a long-term investment (cost $6720) for cash of $6720.

6. Recorded cash sales of $896000.

7. Bought inventory for cash of $358400.

8. Acquired an investment in Zynga stock for cash of $47040.

9. Converted bonds payable to common stock in the amount of $1120000.

10. Repaid a 6-year note payable in the amount of $492800.

Required - What is the net cash provided by investing activities?