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Analyzing Transact 1. On January 1, 2010, Ott Co. sold goods to Flynn Company. Flynn signed a zero-interest-bearing note requ
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Answer #1

Sales revenue = $80000 + {$80000 x PVAF(10%,6)}

= $80000 + ($80000 x 4.35526)

= $80000 + 348420.8

= $428420.8

where,

PVAF(10%,6) = 4.35526

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