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Billy Company's income statement showed the following: netincome, $124,000; depreciation expense, $30,000; and gain on saleof plant assets, $14,000. An examination of the company's currentassets

Billy Company's income statement showed the following: netincome, $124,000; depreciation expense, $30,000; and gain on saleof plant assets, $14,000. An examination of the company's currentassets an 2 answers

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