What is the net cash provided by operating activities

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Novak Corp. had the following transactions during 2017:1. Issued $305000 of par value common stock for cash.2. Recorded and paid wages expense of $146400. 3. Acquired land by issuing common stock of par value $122000.4. Declared and paid a cash dividend of $24400. 5. Sold a long-term investment (cost $7320) for cash of $7320. 6. Recorded cash sales of $976000.7. Bought inventory for cash of $390400.8. Acquired an investment in Zynga stock for cash of $51240.9. Converted bonds payable to common stock in the amount of $1220000.10. Repaid a 6-year note payable in the amount of $536800.What is the net cash provided by operating activities?

Reference no: EM132406859

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