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The following transactions occurred for ANew Company Inc. at the end of the year: a. Purchased a new building by paying $55,000 cash and signing

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The following transactions occurred for ANew Company Inc. at the end of the year: a. Purchased a new building by paying $55,000 cash and signing a note payable for $200,000. b. Sold furniture that had an original cost of $11,000 for a gain of $600. We received $3600 for the furniture. c. Purchased new furniture for $12,000 cash. No depreciation has occurred on this furniture. d. Sold old computer equipment for $1,400 cash. e. Dividends of $20,000 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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