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A comparative balance sheet and income statement is shown for Cruz, Incorporated. Assume that all common stock is issued for cash. What amount of cash

A comparative balance sheet and income statement is shown for Cruz, Incorporated.

Assume that all common stock is issued for cash. What amount of cash dividends is paid during

2021 ?

Assume that no additional notes payable are issued in

2021 .

What cash amount is paid to reduce the notes payable balance in

2021 ?

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