Question: SoCF effects for investing transaction with partial financing GIVEN: On Jan 2 , 2 0 2 5 STEEGMULLER purchased a PYROMAX 2 5 0 0

SoCF effects for investing transaction with partial financing
GIVEN: On Jan 2,2025 STEEGMULLER purchased a PYROMAX 25000 from Crenshaw Equipment for $415,000 cash and a five-year, zero-coupon $1,580,000 note. The machine had a cash sale price of $1,400,000. STEEGMULLER depreciated the equipment using DDB, $200,000 salvage and a six year life. The accounting expense closely tracked the loss of economic value, so that BV approximated FV when, two years later, the company returned the equipment and paid $600,000 cash in exchange for SEPULVEDA canceling the note.
REQUIRED: Calculate the effects of this transaction on STEEGMULLERS SoCF for fy 202527.

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