FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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- Net income was $467,000.
- Issued common stock for $77,000 cash.
- Paid cash dividend of $14,000.
- Paid $115,000 cash to settle a note payable at its $115,000 maturity value.
- Paid $117,000 cash to acquire its
treasury stock . - Purchased equipment for $86,000 cash.
Use the above information to determine
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