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On July 31^st of the current year Bridges Industries borrowed $60,000 from the First National Bank. The $60,000 was used to pay dividends of $40,000
On July 31^st of the current year Bridges Industries borrowed $60,000 from the First National Bank. The $60,000 was used to pay dividends of $40,000 to stockholders and purchase a $20,000 piece of equipment. How will these transactions be reported in the statement of cash flows
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