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Business, 05.05.2020 06:04 gwendallinesikes

Additional data for 2020: 1. Net income was $221,000. 2. Depreciation was $30,000. 3. Land was sold at its original cost. 4. Dividends of $81,300 were paid. 5. Equipment was purchased for $84,000 cash. 6. A long-term note for $200,000 was used to pay for an equipment purchase. 7. Common stock was issued to pay a $70,000 long-term note payable. Prepare a statement of cash flows for the year ending December 31, 2020

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Additional data for 2020: 1. Net income was $221,000. 2. Depreciation was $30,000. 3. Land was sold...

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