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help me plz 1. Net income $239,200 2. Depreciation expense $120,000 3. Sold equipment that cost $48,000 with accumulated depreciation of $34,000 at a loss

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1. Net income $239,200 2. Depreciation expense $120,000 3. Sold equipment that cost $48,000 with accumulated depreciation of $34,000 at a loss of $8,000 4. Land and building purchased with a mortgage $200,000 5. Paid on the mortgage $40,000 6. Paid dividends $120,000 7. Repaid a note in the amount of $160,000 8. Issued a note payable $60,000 1:27 C 1. Net income $239,200 2. Depreciation expense $120,000 3. Sold equipment that cost $48,000 with accumulated depreciation of $34,000 at a loss of $8,000 4. Land and building purchased with a mortgage $200,000 5. Paid on the mortgage $40,000 6. Paid dividends $120,000 7. Repaid a note in the amount of $160,000 8. Issued a note payable $60,000 1:27 C

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