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Answer the question using the following ending balances: Accounts Payable 24,786 Cash 28,143 Common Stock 1,384 Cost of Goods Sold 2,584 Interest Expense 3,567 Inventory 17,897 Long-Term Debt 174,804 Property, Plant, and Equipment 370,095 Sales 7,967 What are the total liabilities of the firm? Your Answer: 205,741 Answer Answer the question using the following ending balances: Accounts Payable Cash Common Stock Cost of Goods Sold Interest Expense Inventory Long-Term Debt Property, Plant, and Equipment Sales What is the net income of the firm? 24,982 27,957 1,486 2,368 3,957 17,991 174,644 376,182 7,743 Your Answer: 225,408