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1. Noncash current assets decreased by $5,000, and current liabilities decreased by $18,000. Depreciation was $14,000 for the year, while net income was $57,000.

1. Noncash current assets decreased by $5,000, and current liabilities decreased by $18,000. Depreciation was $14,000 for the year, while net income was $57,000.

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