Assume an interest rate of 5.0 percent on real estate debt with 10 years remaining, 6.5 percent
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Assume an interest rate of 5.0 percent on real estate debt with 10 years remaining, 6.5 percent on the non-real estate debt with 3 years remaining, and an interest rate of 7.25 percent on the operating loan. In addition, assume the operator makes an equity withdrawal of $30,000. Construct the statement of cash flow and statement of change in financial position.
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