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Additional Information on Year 2017 Transactions a. The loss on the cash sale of equipment was $10,125 (details in b). b. Sold equipment costing $61,875,

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Additional Information on Year 2017 Transactions a. The loss on the cash sale of equipment was $10,125 (details in b). b. Sold equipment costing $61,875, with accumulated depreciation of $35,125, for $16.625 cash. c. Purchased equipment costing $101,375 by paying $40.000 cash and signing a long-term note payable for the balance. d. Borrowed $4.500 cash by signing a short-term note payable. e. Pald $52.625 cash to reduce the long-term notes payable. tissued 3.000 shares of common stock for $20 cash per share. 9. Declared and paid cash dividends of $51.100. Required information shoukl be Indicated with a minus sign. FORTEN COMFORT Statement of Cash Flows For Year Ended December 31, 2017 Cash flows from operating activities Adjustments to reconcile net income to net cash provided by operations: Cash flows from investing activities Cash flows from financing activities: Net increase decrease in cash Cash balance at beginning of Cash Balance at ens ofen

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