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Business, 14.04.2020 22:45 jennamae9826
Old MacDonald's Farm had the following transactions during 2014: Issued par value common stock for cash of $46,000 Recorded and paid wages expense of $5,000 Acquired land by issuing common stock of $26,000 Declared and paid a cash dividend of $1,000 Sold a long-term investment for cash of $4,000 Recorded cash sales of $82,000 Purchased inventory for cash of $56,000 Acquired an investment in IBM stock for cash of $5,000 Converted bonds payable to common stock in the amount of $16,000 Repaid a 6 year note payable in the amount of $35,000 What is the net cash provided by operating activities?
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