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Question 11 of 13 Long-term note payable table[[147500,-],[601500,476500],[464500,244500],[1630500,]] Other information relating to 2023 activities: Net income was $378000 . Cash dividends of $150000 we declared

Question 11 of 13\ Long-term note payable\ \\\\table[[147500,-],[601500,476500],[464500,244500],[1630500,]]\ Other information relating to 2023 activities:\ Net income was

$378000

.\ Cash dividends of

$150000

we declared and paid.\ Equipment costing

$250500

, with a book value of

$79000

, was sold for

$91500

.\ A long-term investment was sold for

$83000

. There were no other transactions affecting long-term investments.\ 4800 common shares were issued for

$25

a share.\ Temporary investments consist of treasury bills maturing on June 30, 2024.\ The cash provided by financing activities in 2023 was\

$413400

\

$267500

.\

$114500

.\

$124800

.

image text in transcribed
Other information relating to 2023 activities: 1. Net income was $378000. 2. Cash dividends of $150000 we declared and paid. 3. Equipment costing $250500, with a book value of $79000, was sold for $91500. 4. A long-term investment was sold for $83000. There were no other transactions affecting long-term investments. 5. 4800 common shares were issued for $25 a share. 6. Temporary investments consist of treasury bills maturing on June 30, 2024. The cash provided by financing activities in 2023 was $413400 $267500. $114500. $124800

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