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Strawn Corporation had these transactions during 2017 (a) Sold a machine for $30,000, accepting a long-term note in exchange (b) Issued $50,000 par value common

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Strawn Corporation had these transactions during 2017 (a) Sold a machine for $30,000, accepting a long-term note in exchange (b) Issued $50,000 par value common stock for cash (c) issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000 (d) Declared and paid a cash dividend of $13,000 (e) Sold a long-term investment with a cost of $15,000 for $15,000 cash 8 (f) Collected $16,000 of Accounts Receivable 9 (e) Pald $18,000 on Accounts Payable 10 11 Required: 12 13 Analyze the transactions and indicate whether each transaction resulted in a cash flow from operating activities (indirect method) 14 Investing activities, Financing activities, or noncash investing and financing activities 15 16 17

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