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Saturday, November 14, 2015 3:53:28 PM
The notes to the financial statements refer to assets that were "relinquished" and long term debt that was "extinguished."
The Statement of Cash Flows shows a "Decrease in long term debt" of 1,016,087 and "Disposal of property, plant and equipment" of 1,002,610. If the notes are correct (and who knows if they are) and these were "relinquished" and "extinguished" then there isn't any cash flow implication, no?
And yet these amounts are on the Statements of Cash Flows.
Maybe we should stop giving Kent pointers??
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