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Audio City, Incorporated, is developing its annual financial statements at December 3 1 . The statements are complete except for the statement of cash flows.

Audio City, Incorporated, is developing its annual financial statements at December 31. The statements are complete except for the statement of cash flows. The completed comparative balance sheets and income statement are summarized below:
\table[[Balance Sheet at December 31,Current Year,Previous Year],[Cash,$72,700,$76,000
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