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Kristopher Corp. s transactions for the year ended December 3 1 , 2 0 2 3 included the following: i . Acquired 5 0 %
Kristopher Corp.s transactions for the year ended December included the
following:
i Acquired of Graham Corp.s common stock for $ with a Note
Payable.
ii Issued shares of its preferred stock for land having a fair value of
$
iii. Issued of its debenture bonds, due for $ cash
iv Purchased a patent for $ cash.
v Paid $ toward a longterm loan.
vi Sold longterm investments which cost $ for a gain of $
Required:
a Prepare the investing section of the Statement of Cash Flows.
b Prepare the financing section of the Statement of Cash Flows.
c Prepare a Schedule of Noncash Investing and Financing Transactions, if
necessary.
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