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calculate net income calculate total current assets calculate total liabilities calculage the book value of buildings and equipment formation THE FOLLOWING IS USED FOR ALL

calculate net income
calculate total current assets
calculate total liabilities
calculage the book value of buildings and equipment image text in transcribed
formation THE FOLLOWING IS USED FOR ALL QUESTIONS ON THIS PAGE Flag question The account balances (in alphabetical order) as of the end of the accounting period are as follows: Accounts payable: $ 13,000 Accounts receivable: $ 24,000 Accumulated depreciation - buildings and equipment: $ 50,000 Buildings and equipment: $ 235,000 Cash: $ 30,000 Common stock: $ 50,000 Depreciation expense: $ 10,000 Dividends: $ 20,000 Interest expense: $ 20,000 Long-term notes payable: $ 150,000 Prepaid expenses: $ 40,000 Retained earnings (beginning balance): $ 39,000 Service revenue: $ 200,000 Supplies: $ 4,000 Unearned revenue: $ 5,000 Wage expense: $ 124,000

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