The following transactions occurred during May, the first-month-of-operations. for-Hunter-Products, Incorporated: Issued.40,000-shares-of-capital-stock-to-the-owners-of-the-corporation-in- exchange-for-$480,000-cash. Purchased-a-piece-of-land-for-$300,000,-making-a-$100,000-cash-down- payment-and-signing-a-note-payable-for-the-balance. Made-a-$50,000-cash-payment-on-the-note-payable-from-the-purchase-of- land....

 

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The following transactions occurred during May, the first-month-of-operations. for-Hunter-Products, Incorporated: Issued.40,000-shares-of-capital-stock-to-the-owners-of-the-corporation-in- exchange-for-$480,000-cash. Purchased-a-piece-of-land-for-$300,000,-making-a-$100,000-cash-down- payment-and-signing-a-note-payable-for-the-balance. Made-a-$50,000-cash-payment-on-the-note-payable-from-the-purchase-of- land. Purchased-equipment-on-credit-from-BBW, Incorporated-for-$53,000. What-is-the-total-of-Hunter-Products' liabilities-at-the-end-of-May? Top-of-Form The following transactions occurred during May, the first-month-of-operations. for-Hunter-Products, Incorporated: Issued.40,000-shares-of-capital-stock-to-the-owners-of-the-corporation-in- exchange-for-$480,000-cash. Purchased-a-piece-of-land-for-$300,000,-making-a-$100,000-cash-down- payment-and-signing-a-note-payable-for-the-balance. Made-a-$50,000-cash-payment-on-the-note-payable-from-the-purchase-of- land. Purchased-equipment-on-credit-from-BBW, Incorporated-for-$53,000. What-is-the-total-of-Hunter-Products' liabilities-at-the-end-of-May? Top-of-Form