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Given the following information, what is Jacobi Corp's change in cash? Issued stock in exchange for land worth $37,000 Sold inventory for $360,000. Half of
Given the following information, what is Jacobi Corp's change in cash? Issued stock in exchange for land worth $37,000 Sold inventory for $360,000. Half of the sales were on account. Inventory sold cost $240,000. Inventory was purchased on account. Paid wages payable of $35,000 in cash Sold equipment with a net book value of $17,500 for $14,000 cash 159,000 Enter your Jacobi Corp's change in cash: answer such that increases in cash are positive and decreases in cash are negative
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