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The Burratta Co. purchases a warehouse building with a total acquisition cost of $500,000. The company pays $100,000 cash, and signs a note to pay
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The Burratta Co. purchases a warehouse building with a total acquisition cost of $500,000. The company pays $100,000 cash, and signs a note to pay the remaining $400,000 over the next five years. What is the cash flow amount resulting from this purchase? (Note: inflows are positive and outflows are negative).
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