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Santa Fe Company was started on January 1, 2016, when it acquired $8,200 cash by...

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Accounting

Santa Fe Company was started on January 1, 2016, when it acquired $8,200 cash by issuing common stock. During 2016, the company earned cash revenues of $3,800, paid cash expenses of $2,850, and paid a cash dividend of $400. Based on this information

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