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X. Benedict Farms declares and pays a cash dividend during the year. What is the cumulative effect of these transactions on its financial statements? (Choose all of the correct answers.) Decrease total liabilities Decrease net income Decrease total assets Increase expenses Decrease stockholders' equity Which of the following transactions would not be found in the financing activities section of the statement of cash flows? (Choose all of the correct answers.) Purchase of a building for use in the company's operations Issuance of bonds payable at a discount Payment of dividends Purchase of a company's own treasury stock Purchase of common stock of another company as part of an investment