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Page 19. In a separate transaction, on December 1, Zirbit Industries contracts to rent one of the bulidings adjacent to the Optical Imaging division they just purchased. They agreed to a two-year contract for $48,000, paid in advance 20. Insurance was paid December 1 for 1 year at a cost of $24,000 21. On December 31, Omega repurchases 1,000 shares of its stock at $15/share 22. On December 31 of this year Omega purchased Equipment in exchange for a three-year non-interest bearing note. Notes of similar risk and term reld 10%