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Problem 2 (7 points) For each item listed below, indicate which section activity) of the cash flow statement the item should

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Answer #1

ANSWER:

Transactions section amount
1 financing activity $30000 + $180000 - $10000 = $200000 outflow of cash
2 investing activity $240000 inflow of cash
3 financing activity $2500000 inflow of cash
4 no cash involved 0
5 financing activity $45000 outflow of cash
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