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3. Sami Products is a start-up computer software development firm. It currently owns computer equipment worth $30,000 and has cash on hand of $20,000 contributed

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3. Sami Products is a start-up computer software development firm. It currently owns computer equipment worth $30,000 and has cash on hand of $20,000 contributed by Sami's owners. For each of the following transactions, identify the real and/or financial assets that trade hands. Are any financial assets created or destroyed in the transaction? a. Sami takes out a bank loan. It receives $50,000 in cash and signs a note promising to pay back the loan over three years. b. Sami uses the cash from the bank plus $20,000 of its own funds to finance the development of new financial pSaming software. c. Sami sells the software product to Microsoft, which will market it to the public under the Microsoft name. Sami accepts payment in the form of 2,500 shares of Microsoft stock d. Sami sells the shares of stock for $50 per share and uses part of the proceeds to pay off the bank loan

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