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Invested $ 1 5 0 0 0 in a new machine Borrowed $ 2 , 0 0 0 new debt. Repaid $ 1 0 ,

Invested $15000 in a new machine
Borrowed $2,000 new debt.
Repaid $10,000 of outstanding debt.
Sold $3,000 of old equipment.
12/31/22 Net income before taxes was $50,500
Reduced AP by $8,000
AR increased by $10,000
Prepaid expenses for insurance was increased $1,000
Depreciation was $15,000
Cash as of 12/31/2021: $18,000
\table[[Accrual Net Income,$50,500
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