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1. 2. 3. 4. Wolf, Inc. purchases inventory on account. During 2021, it paid $65,000 cash for inventory purchases. Also during 2021, its accounts payable

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Wolf, Inc. purchases inventory on account. During 2021, it paid $65,000 cash for inventory purchases. Also during 2021, its accounts payable decreased by $2,400 and its inventory increased by $2,950. Based on this information, calculate Wolf's cost of goods sold for 2021 . Record your answer as a positive number and omit the $ sign from your response. Moose, Inc. reported operating cash flow of $6,000 (positive) for the year ended December 31 , 2020. During 2020 its non-cash net working capital decreased by $1,850. Its net income for 2020 included $900 of depreciation and a $1,600 impairment loss. Based on this information, calculate Moose's net income for 2020 . Omit the $ sign from your response. The Jackson Moose sell season's tickets for their hockey games. During 2021, the team recognized $40,000 of revenue from sales of seasons tickets. The team's unearned revenue - season's tickets account had a $17,000 beginning balance, and a $22,500 ending balance. Based on this information, calculate the amount of cash the Jackson Moose collected in 2021 for season's ticket sales. Record your answer as a positive number and omit the $ sign from your response. On March 1, 2020, Wilson, Inc. issued bonds at par value. The bonds mature in 10 years and have a par value (aka face value) of $1 million. The bonds pay 9% interest semi-annually. How much interest expense should Wilson recognize on the bonds in 2020? Round your answer to the nearest whole dollar and omit the $ sign from your response

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