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Question 3 Insunt Corporation began the year with $560.000 assets, $200,000 liabilities and $360,000 equity. Insunt purchased a $90.000 machine by paying $40.000 cash and

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Question 3 Insunt Corporation began the year with $560.000 assets, $200,000 liabilities and $360,000 equity. Insunt purchased a $90.000 machine by paying $40.000 cash and signing a 550.000 accounts payable Insunt's equity balance after this transactions: $360,000 $410,000 $450.000. $310.000 Question 4

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