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8 of 36 Concepts completed Multiple Choice Question 3 A company reported total assets at the end of the previous year of $95,000; including cash
8 of 36 Concepts completed Multiple Choice Question 3 A company reported total assets at the end of the previous year of $95,000; including cash of $35,000, accounts receivable of $20,000, and inventory of $40,000. It reported total assets at the end of the current year of $110,000; including cash of $44,000; accounts receivable of $29,000, and inventory of $37,000. Compute the net increase or decrease in cash for the current year. O Decrease of $9,000 O Decrease of $15,000 O Increase of $15,000 O Increase of $9,000
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