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1. Recognized depreciation for the year 2. Bought land paying cash for down payment and issued a note for the remainder 3. Received $80,000

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1. Recognized depreciation for the year 2. Bought land paying cash for down payment and issued a note for the remainder 3. Received $80,000 from sale of land that cost you $75,000 4. Declared a stock dividend 5. Issued preferred stock 6. Borrowed money from a local bank 7. Paid cash dividend declared earlier 8. Amortization of Bond Premium REQUIRED: Using Indirect Method, state which section the above would go: Operating (O), Investing (I), Financing (F), or Non Cash (NC)

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