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The following information was selected from Save Mart's accounting records during 2020: Cash provided by operations Long-term note payable issued to acquire land and building

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The following information was selected from Save Mart's accounting records during 2020: Cash provided by operations Long-term note payable issued to acquire land and building Common stock issued to retire preferred stock Proceeds from sale of long-term investment Cost of machinery purchased $1.400.000 1.800.000 200.000 340.000 320.000 The machinery purchased required a 10% down payment with the balance due during 2021. How much is Save Mart's net increase decrease) in cash and cash equivalents for 2020 Cash and cash equivalents

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