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Additional Information for 2025: Land of $580,000 was obtained by issuing a note...

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Accounting

Additional Information for 2025:
Land of $580,000 was obtained by issuing a note payable to the seller.
Buildings of $824,000 and equipment of $26,240 were purchased using cash.
Monthly payments during the year reduced notes payable by $7,096.
Issued common stock for $1,080,000.
Purchased 10,800 shares of treasury stock for $19 per share.
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