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Ginkgo Bioworks Holdings, Inc. had the following transactions in April 2033: Issued 2,540,000 shares of common stock for $2,440 per share. Purchased equipment for $1,020,000,000,

Ginkgo Bioworks Holdings, Inc. had the following transactions in April 2033:

  • Issued 2,540,000 shares of common stock for $2,440 per share.
  • Purchased equipment for $1,020,000,000, paying $408,000,000 in cash and signing a note for the balance.
  • Declared and paid dividends of $108,000,000.

Record the journal entries for these transactions and show how they would affect the cash flow statement.

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