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If an alternative has monthly payments of $12,000 a month for three years with a purchase price of $75,000 at the end of year three, what would the cash flow diagram look like? Select one correct answer in each pair listed below. Please show all work
1. $144,000 EOY 1
$144,000 MOY 1
2. $144,000 EOY 2
$144,000 MOY 2
3. $144,000 EOY 3
$144,000 MOY 3
4. $75,000 EOY 3
$75,000 MOY 3
Does the company use a multiple-step or a single-step format on its income statement and what was the net income for 2013? What was the basic net income (earnings) per common share for 2013?
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