Current Attempt in Progress

A company reported net income of $$490,000$ for the current year. Depreciation recorded on buildings and equipment amounted to $$70,000$ for the year. Balances of the current asset and current liability accounts at the beginning and end of the year are as follows:

$\backslash$table$[[,$End of Year,Beginning of Year$],[$Cash$,$$$20,500,$$$16,300$