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Bledsoe Company acquired $32,000 cash by issuing common stock on January 1 Year 1. During Year 1, Bledsoe earned $10.200 of revenue on account. The

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Bledsoe Company acquired $32,000 cash by issuing common stock on January 1 Year 1. During Year 1, Bledsoe earned $10.200 of revenue on account. The company collected $9.400 cash from customers in partial settlement of its accounts receivable and paid $7100 cash for operating expenses. Based on this information alone, what was the impact on total assets during Year 1? Multiple Choice Total assets increased by $44.500. Total assets did not change Total assets increased by $2.300 Total assets increased by $35.100

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