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The following information is available for the Eldridge Company: Additional information: (a) Received $600 on the sales of long-term investments. (b) Old machinery with an

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The following information is available for the Eldridge Company: Additional information: (a) Received $600 on the sales of long-term investments. (b) Old machinery with an original cost of $45, 060 was sold for $2, 520 cash. (c) New machinery was purchased for $81, 060 cash. (d) Paid maturity value due on bonds. (e) Additional shares of stock were issued for cash. (f) Cash dividends of $40, 320 were paid

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