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13 On July 1, 2025, Flounder Equipment Company sold a fishing boat to James Brothers Yatching, Inc. In lieu of a cash payment James Brothers

13 On July 1, 2025, Flounder Equipment Company sold a fishing boat to James Brothers Yatching, Inc. In lieu of a cash payment James Brothers Yachting gave Flounder a 3-year, $ \$ 160,000,8 \% $ note (a 2 answers

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