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  3. a corp began 2010 with s200000o in its equipment accou...

Question: a corp began 2010 with s200000o in its equipment accou...

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a Corp. began 2010 with s2.000,00o in its equipment accou torical cost of S300,000 uipment account. G bought new equipment during nt. During 2010, G sold equipment with at a $20,000 gain. At the end of 2010, G Corp. had a $3,300,000 balance in signing a the note and interest are due in 20ang the year by signing a $200,000 note payable: the note and interest are due in 2011. In 201o, how much cash did G Corp. pay for equipment purchases? a. SI.100,0oo b. S1,300,00o c. SI.400,0oo d. S1.420,00o e S1,60o,000

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