Donna's Gourmet Shops earned net income of $88,000, which included amortization of $16,500. Donna's paid $132,000 for

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Donna's Gourmet Shops earned net income of $88,000, which included amortization of $16,500. Donna's paid $132,000 for a building and borrowed $66,000 on a long-term note payable. How much did Donna's cash balance increase or decrease during the year?
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Accounting

ISBN: 978-0132690089

9th Canadian Edition volume 2

Authors: Charles T. Horngren, Walter T. Harrison Jr., Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood

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