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The following transactions occurred for A New Company Inc. at the end of the year: a . Purchased a new building by paying $ 5

The following transactions occurred for A New Company Inc. at the end of the year:
a. Purchased a new building by paying $55,000 cash and signing a note payable for $220,000.
b. Sold furniture that had an original cost of $12,500 for a gain of $600. The book value of the furniture
at the time of the sale was $5500.
c. Purchased new furniture for $9,000 cash.
d. Sold old computer equipment for $1,700 cash.
e. Dividends of $17,000 were paid in cash
Work through your calculations for each transaction and prepare the investing section of the statement of
cash flows.
Cash Flows from Investing Activities:
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