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FastWater, Inc. also purchased computer hardware with safety-specific software already installed, at a cost of $15,000 cash. This equipment depreciates over six years. Other cash

FastWater, Inc. also purchased computer hardware with safety-specific software already installed, at a cost of $15,000 cash. This equipment depreciates over six years.

Other cash purchases included:

Water safety equipment

$1,800

Rafting equipment

$2,700

This equipment was expected to have a useful life of three years.

Please provide balance entry and cash flow entries for the above.

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