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Better show me how to calculate it, thank you and ASAP!! Additional information: 1. New plant assets costing $158,000 were purchased for cash during the
Better show me how to calculate it, thank you and ASAP!!
Additional information: 1. New plant assets costing $158,000 were purchased for cash during the year. 2. Old plant assets having an original cost of $90,850 and accumulated depreciation of $76,630 were sold for $2,370 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $41,128 was declared and paid during the yearStep by Step Solution
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