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Question 5 (3.13 points) Saved Suppose Chester invested in plant and equipment last year. The plant investment was funded with bonds at a face value

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Question 5 (3.13 points) Saved Suppose Chester invested in plant and equipment last year. The plant investment was funded with bonds at a face value of $14,000,000 at 11.0% interest and equity of $6,200,000. Depreciation is 15 years straight line, with no scrap value for this transaction alone, which of the following statements are true? O 1) Depreciation increased by $1,346,667. 2) Buying the plant had no net effect on the Cash account. 3) Cash went up by $14,000,000 when the bond was issued. 4) Cash went down by the amount of the plant purchase

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