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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 31,2023 included the
following:
i. Acquired 50% of Graham Corp.s common stock for $150,000 with a Note
Payable.
ii. Issued 3,000 shares of its preferred stock for land having a fair value of
$240,000.
iii. Issued 500 of its 11% debenture bonds, due 2027, for $252,000 cash
iv. Purchased a patent for $109,000 cash.
v. Paid $135,000 toward a long-term loan.
vi. Sold long-term investments which cost $350,000 for a gain of $65,000.
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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