connect ch-16
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| Net income was $473,000. | |
| b. | Issued common stock for $72,000 cash. |
| c. | Paid cash dividend of $12,000. |
| d. | Paid $110,000 cash to settle a note payable at its $110,000 maturity value. |
| e. | Paid $120,000 cash to acquire its treasury stock. |
| f. | Purchased equipment for $93,000 cash. |
10 years ago
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