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Concord Corporation had the following transactions during 2022: Issued $200000 of par value...

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Accounting

Concord Corporation had the following transactions during 2022:
Issued $200000 of par value common stock for cash.
Recorded and paid wages expense of $96000.
Acquired land by issuing common stock of par value $80000.
Declared and paid a cash dividend of $16000.
Sold a long-term investment (cost $4800) for cash of $4800.
Recorded cash sales of $640000.
Bought inventory for cash of $256000.
Acquired an investment in Zynga stock for cash of $33600.
Converted bonds payable to common stock in the amount of $800000.
Repaid a 6-year note payable in the amount of $352000.
What is the net cash provided by operating activities?
$488000.
$288000.
$384000.
$464000.
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