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During 2022, Sunland Company entered into the following transactions. 1. Purchased equipment for $280,350 cash. 2. Issued common stock to investors for $137,900 cash. 3.

image text in transcribed During 2022, Sunland Company entered into the following transactions. 1. Purchased equipment for $280,350 cash. 2. Issued common stock to investors for $137,900 cash. 3. Purchased inventory of $73,900 on account

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