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On May 30, 20x6, Hopple Ltd. purchased equipment costing $49940. The company paid $6795 cash and signed a 1- year, 7% note payable for the

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On May 30, 20x6, Hopple Ltd. purchased equipment costing $49940. The company paid $6795 cash and signed a 1- year, 7% note payable for the remaining amount of $43145. How would this transaction be reflected in the cash flow statement? Select one: a. Investing outflow of $6795 and a financing outflow of $43145 b. Investing outflow of $49940 and a financing outflow of $43145 c. Investing outflow of $6795 and a financing outflow of $0 d. Investing outflow of $0 and a financing outflow of $0

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