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Bledsoe Company acquired $27000 cash by issuing common stock on January 1, Year 1. During Year 1, Bledsoe eaned $9,700 of revenue on account. The

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Bledsoe Company acquired $27000 cash by issuing common stock on January 1, Year 1. During Year 1, Bledsoe eaned $9,700 of revenue on account. The company collected $8,400 cash from customers in partial settlement of its accounts receivable and paid $6,600 cash for operating expenses. Based on this information alone, what was the impact on total assets during Year 1? Total assets increased by $38.500 Total assets increased by $1800 Total assets increased by $30100

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