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Motors of Baltimore, Inc., reported the following financial statements for 2021: (Click the icon to view the income statement.) Read the requirement. (Click the
Motors of Baltimore, Inc., reported the following financial statements for 2021: (Click the icon to view the income statement.) Read the requirement. (Click the icon to view the comparative balance sheets.) a. Calculate the new borrowing or payment of long-term notes payable. Motors of Baltimore had only one long-term note payable transaction during the year. The of long-term notes payable, in thousands, is Requirement Calculate the following; enter all amounts in thousands. a. New borrowing or payment of long-term notes payable. Motors of Baltimore had only one long-term note payable transaction during the year. b. Issuance of common stock or retirement of common stock. C. Motors of Baltimore had only one common stock transaction during the year. Payment of cash dividends (same as dividends declared). Print Done -
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