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Lamar Corporation sold products to customers on June 30, 2016 for a total price of $15,000. The terms of the sale are that payment is
Lamar Corporation sold products to customers on June 30, 2016 for a total price of $15,000. The terms of the sale are that payment is due in 30 days. The cost of the products was $9,000. The most likely net change in Lamar's total assets on June 30, 2016 related to this transaction is:
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