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Fred Flinstone Service had net income for the year of $ 1 2 0 , 0 0 0 . In addition, the balance sheet reports

Fred Flinstone Service had net income for the year of $

120, 000 .

In addition, the balance sheet reports the following balances:

\

table

[[,

Jan.

1, 2024,

Dec.

31, 2024], [

Accounts Receivable,$

5, 600,

14, 200

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