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asap 1 Scam Company provided the following information on selected transactions during 2020 Proceeds from sale of equipment 420,000 Proceeds of loan made to Mark
asap 1
Scam Company provided the following information on selected transactions during 2020 Proceeds from sale of equipment 420,000 Proceeds of loan made to Mark company 418,000 Proceeds from issuing bonds 1,350,000 Proceeds from issuing preferred stock 860,000 Loss on sale of equipment 80,000 Purchases of treasury stock 510,000 Purchases of inventories 1,647,000 Purchase of land by issuing bonds 310,000 Sale of land in exchange of notes receivable 850,000 Dividends declared to preferred stockholders 156,000 Dividends paid to common stockholders 92,000 Loans made to affiliated corporations 750,000 What is the book value of the equipment sold? 1 point Your answer If the equipment sold has original cost of 735.140: what is the accumulated 1 point depreciation of the sold equipment? Your answer The net cash provided (used) by investing activities during 2020 is 2 points Your answer The net cash provided (used) by financing activities during 2020 is 2 points Your Step by Step Solution
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