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Kaj corp. purchased a machine costing $257,200 and paying $37,400 and signing a note payable. How would this transaction be reported within the cash flow
Kaj corp. purchased a machine costing $257,200 and paying $37,400 and signing a note payable. How would this transaction be reported within the cash flow from investing activities section of the cash flow statement ? What is the answer? An outflow of $219,800 or an outflow of $37,400. or It would not be reported in the investing activities section of the cash flow statement.
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