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Other information: 1. Net income for the FYE June 30,2020 was $32,000 2. During the FYE June 30,2020 equipment was sold for $8,000 cash. The

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Other information: 1. Net income for the FYE June 30,2020 was $32,000 2. During the FYE June 30,2020 equipment was sold for $8,000 cash. The equipment originally cost $18,000 and had accumulated depreciation of $11,000 at the time of sale. 3. The company issued 1,000 shares of stock during the year, and issued some bonds. 4. The company paid a cash dividend during 2020. 1.Calculate the changes in the balance sheet accts 2 . Analyze the changes for the long term accts and changes in equity 3 . Knit the data into 3 activities a) operating b ) investing c ) financing

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