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During 2025, its first year of operations as a delivery service, Ivanhoe Corp. entered into the following transactions. 1. Issued shares of common stock to

image text in transcribedimage text in transcribed During 2025, its first year of operations as a delivery service, Ivanhoe Corp. entered into the following transactions. 1. Issued shares of common stock to investors in exchange for $194,000 in cash. 2. Borrowed $37,000 by issuing bonds. 3. Purchased delivery trucks for $54,000 cash. 4. Received $15,000 from customers for services performed. 5. Purchased supplies for $6.500 on account. 6. Paid rent of $5,900. 7. Performed services on account for $11,000. 8. Paid salaries of $29,700. 9. Paid a dividend of $11,000 to stockholders

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