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Use the following information for the next 2 questions. Proceeds from sale of investments ($1,000 loss) Purchase of treasury stock $29,000 40,000 Proceeds from
Use the following information for the next 2 questions. Proceeds from sale of investments ($1,000 loss) Purchase of treasury stock $29,000 40,000 Proceeds from sale of equipment Interest expense on borrowing 25,000 3,000 Issuance of bonds payable Payment of dividends 52,500 10,000 Gain on sale of equipment 2,000 Stock dividends 15,000 Issuance of common stock 20,000
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