Question: Use the McKnight Exercise Equipment data in Exercise 14-19. Requirement 1. Compute the following: (a) New borrowing or payment of long-term notes payable, with McKnight

Use the McKnight Exercise Equipment data in Exercise 14-19.
Requirement
1. Compute the following:
(a) New borrowing or payment of long-term notes payable, with McKnight Exercise having only one long-term note payable transaction during the year.
(b) Issuance of , with McKnight Exercise having only one transaction during the year.
(c) Payment of cash dividends.

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