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QUESTION 3 Assume on December 1, 2017, a company borrows funds to purchase equipment. The company will make the following principal payments 2018, $5,100 2019,

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QUESTION 3 Assume on December 1, 2017, a company borrows funds to purchase equipment. The company will make the following principal payments 2018, $5,100 2019, $3,800 2020, $2,750 2021, $1,090 On December 31, 2018, the total long term liabilities will be $

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