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The following cash transactions occurred during the period. Fill in the statement of cash flows on the left following US GAAP. Use the direct method

The following cash transactions occurred during the period. Fill in the statement of cash flows on the left following US GAAP. Use the direct method for calculating cash flow from Operating Activities.

According to US GAAP

Item Bank

Purchase of a piece of equipment for cash $120,000

Interest received in cash $18,000

Payment of wages to employees $35,000

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