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Assume the following when preparing the Statement of Cash Flows: A The owner's initial investment consists of $45,000 in Cash and $30.000 in Land The

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Assume the following when preparing the Statement of Cash Flows: A The owner's initial investment consists of $45,000 in Cash and $30.000 in Land The company's $15.000 equipment purchase is paid in Cash The company's revenue consists of SI .000 m Cash and $24,000 in Accounts Receivable The company's Accounts Payable consists of the $1200 Office Supplies purchase and the $250 Telephone and $50 Miscellaneous Expenses The company's Rent and Salaries Expense is paid in Cash

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