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For the year just completed, Hanna Company had net income of $ 1 0 0 , 0 0 0 . Balances in the company's current

For the year just completed, Hanna Company had net income of $100,000. Balances in the company's current asset and current liability accounts at the beginning and end of the year were as follows:
\table[[,December 31],[Current assets:,End of Year,Beginning of Year],[Cash and cash equivalents,$63,000,$77,000
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