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4. The following information telates to Aires Corporation for 208 and 207 : Additional information: Net income for 208 was $143,000. Issued a long-term note

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4. The following information telates to Aires Corporation for 208 and 207 : Additional information: Net income for 208 was $143,000. Issued a long-term note payable in exchange for computer equipment for $130,000. Purchased computer terminals for $90,000. -Depreciation on equipment for 208 was $40,000. Depreciation on building for 208 was $20,000. Reacquired bonds payable at par for $290,000. 'Declared and paid dividends of $75,000. Issued 20,000 shares of common stock at par value of $10 per share. Paid $50,000 for land intended for a new plant site. Prepare a statement of cash flows using the indirect method. Include a schedule of noncash investing and financing transactions, if applicable

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