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Crane Company reports the following: End of Year Inventory Accounts Payable $24700 21800 Beginning of Year $41000 11700 If cost of goods sold for the

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Crane Company reports the following: End of Year Inventory Accounts Payable $24700 21800 Beginning of Year $41000 11700 If cost of goods sold for the year is $219800, the amount of cash paid to suppliers is End of Year Inventory Accounts Payable $24700 21800 Year $41000 11700 If cost of goods sold for the year is $219800, the amount of cash paid to suppliers is O $226000 $246200. $204800. $193400 Question 21 View Policies Current Attempt in Progress Gains on an exchange of plant assets that has commercial substance are O deferred. deducted from the cost of the new asset acquired. O not possible. O recognized immediately

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