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EC-25 (similar to) Question Help Tough Guy, Inc. Identified the following selected transactions that occurred during the year ended December 31, 2018 Click the icon

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EC-25 (similar to) Question Help Tough Guy, Inc. Identified the following selected transactions that occurred during the year ended December 31, 2018 Click the icon to view the transactions) Identity any non-cash transactions that occurred during the year, and show how they would be reported in the non-cash investing and financing activities section of the statement of cash flows. (if a box is not used in the table, leave the box empty, do not select a label or enter a zero) Tough Guy, Inc. Statement of Cash Flows (Partial) Year Ended December 31, 2018 Non-cash investing and Financing Activities Total Non-Cash Investing and Financing Activities More Info a. Issued 1100 shares of $4 par common stock for cash of $25,000 b. Issued 5,200 shares of $4 par common stock for a building with a fair market value of $101.000 c. Purchased new truck with a fair market value of $34,000. Financed it 100% with a long-term note. d. Retired short-term notes of $21,000 by issuing 2,500 shares of $4 par common stock e. Paid long-term note of $10,000 to Bank of Tallahassee Issued new long-term note of $18,000 to Bank of Trust Choose from All parts shop

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