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F1 F2 F3 JKJ Company had the following transactions: it sold a manufacturing building for $550,000, paid salaries and wages of $325,000, purchased inventory worth
F1 F2 F3 JKJ Company had the following transactions: it sold a manufacturing building for $550,000, paid salaries and wages of $325,000, purchased inventory worth $85,000, paid off a bank loan in the amount of $150,000 due to the local bank, and received $650,000 in cash for services provided. Which of the transactions would be classified as a cash outflow in the operating activities section of the statement of cash flows? O sale of the manufacturing building for $550,000 O payment of salaries and wages of $325,000 O receiving $650,000 in cash for services provided O repaying $150,000 to the local bank for an outstanding loan Save for Later 9x F4 Q Search F5 F6 F7 8 F8 F9 prt sc F10 Submit Answer home F11 end F12 insert de
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