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PROBLEM 4: CASH FLOW FROM INVESTING/FINANCING ACTIVITIES 30 POINTS) In March of 2009, Harris Inc. had the following transactions Collection of a note receivable 900,000

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PROBLEM 4: CASH FLOW FROM INVESTING/FINANCING ACTIVITIES 30 POINTS) In March of 2009, Harris Inc. had the following transactions Collection of a note receivable 900,000 Sold land for 350,000 .Purchased stock in another company 450,000 . Sold common stock 150,000 Exchanged a building for bonds $2,000,000 Borrowed $420,000 from 1st Tech Bank . .Repaid a long term note payable 230,000 Purchased equipment for 17,500 Paid cash dividends $50,000 . Purchased treasury stock $ 85,000 Prepare the investing and financing section for Harris Inc Investing section Financing

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