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A company reported net income of $ 3 3 0 , 0 0 0 for the current year. Depreciation recorded on buildings and equipment amounted

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A company reported net income of $330,000 for the current year. Depreciation recorded on buildings and equipment amounted to $70,000 for the year. Balances of the current asset and current liability accounts at the beginning and end of the year are as follows:
\table[[,End of Year,Beginning of Year],[Cash,$27,500,$19,600
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