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Alpaca Corporation had revenues of $250,000 in its first year ofoperations. The company has not collected on $19,900 of its salesand still owes $26,600 on

Alpaca Corporation had revenues of $250,000 in its first year ofoperations. The company has not collected on $19,900 of its salesand still owes $26,600 on $85,000 of merchandise it purchased. Theco 2 answers

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