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2.0 D Question 38 Tim At 1 On December 31, 2019. Clifford Inc. reported net income of $70,000 and salary expense of $210,000. The company

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2.0 D Question 38 Tim At 1 On December 31, 2019. Clifford Inc. reported net income of $70,000 and salary expense of $210,000. The company also reported beginning and ending salary payable of $20,000 and $25,000, respectively, Clifford Inc. will report payments to employees in its 2019 statement of cash flows (direct method) in the amount of: $280.000 $205,000 $210,000 $215,000 2.08 pts U Question 35 Natural Resources LLC acquired a cooper mine in exchange for issuing 3.000 shares of $1 par value common stock. Which of the following best describes this transaction? Significant non-cash activity Investing activity Financing activity Operating activity

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