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1. The following transactions relate to Mountain Dew Inc. a. Issued common stock $10,000 b. Provided services to customers for $40,000 cash C. Incurred
1. The following transactions relate to Mountain Dew Inc. a. Issued common stock $10,000 b. Provided services to customers for $40,000 cash C. Incurred $18,000 of operating expenses on account. d. Purchased land for $ 70,000. e. f. Paid $15,000 on accounts payable. Interest on loan paid $2,000 Calculate cash flow from operating activities.
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