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balance of account receivable, prepaid expenses, and accounts payable at the end of the year are not expected to differ significantly from the beginning balance.

balance of account receivable, prepaid expenses, and accounts payable at the end of the year are not expected to differ significantly from the beginning balance. Federal income tax of $30,000 on 20Y9 taxable income will be paid during 20Y9. Regular quarterly cash dividendes of $0.15 per share are expected to be declared and paid in March, June, September, and december on 18,000 shares of common stock outstanding. It is anticipated that fixed assets will be purchased for $75.000 cash in May

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