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John Hamilton borrowed $ 5 0 0 , 0 0 0 from Stone Creek Bank to open a new restaurant called Sauce - It -

John Hamilton borrowed $500,000 from Stone Creek Bank to open a new restaurant called Sauce-It-Up. John transferred $450,000 of the cash he borrowed to the Company on the first day of the year. Which of the following appropriately reflects the cash transactions between these reporting entities?

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