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Union Company collected $500,000 from customers and paid employees and suppliers $380,000 during 2019. In addition, the company borrowed $50,000 from the bank and purchased

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Union Company collected $500,000 from customers and paid employees and suppliers $380,000 during 2019. In addition, the company borrowed $50,000 from the bank and purchased equipment for $90,000 cash. The company's 2019 Statement of Cash Flows would show which of the following? Multiple Choice Decrease in cash of $180,000. Increase in cash of $160,000. None of the above is correct. Increase in cash of $180,000. Increase in cash of $80,000

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