The clue is in the 'displaced 786 ml of water' statement and the difference in density between the wood and water.
You know that the wood will float on water when the force of gravity pulling it down (it's weight) is equal to the 'upthrust' of the water stopping it from being pulled down any further. (Archimedes). At that point the forces on the wood are balanced.
When that happens the amount of water displaced will be exactly the same as the weight of the wood.
So to answer the question you need to know:
a) How to convert 786 ml of water into cm3 of water.
b) What the weight of 786 ml of water is.
c) Using this information, work out the 'apparent' weight of the wood.