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A company borrows money as part of a distribution that it will make to shareholders at the end of the year. Please complete this sentence:
A company borrows money as part of a distribution that it will make to shareholders at the end of the year. Please complete this sentence: The borrowed money will be:
- Included in the revenue of the company.
- Included in the taxable income of the shareholders.
- Impact the statement of cash flow, but NOT the income statement.
- Impact the statement of cash flow, and the income statement.
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