Metlock Inc. engaged in the following cash transactions during 2017. Sale of land $ 194,000 Purchase of treasury stock 33,000 Issuance of common stock 116,000 Payment of cash dividends 57,000 Purchase of equipment 107,000 Retirement of bonds 73,000

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Q: Metlock Inc. engaged in the following cash transactions during 2017. Purchase of land $122,000…

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