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M & G Industries Balance Sheet For December 31, 2013 and 2014 $ 500 9 t assets $50,500 Less: allowance for depreciation S 62,000 S

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M & G Industries Balance Sheet For December 31, 2013 and 2014 $ 500 9 t assets $50,500 Less: allowance for depreciation S 62,000 S 10,500 notes Total current liabilities Total debt and equity M & G Industries Income Statement For the Years Ended December 31, 2013 and 2014 Fixed cash operating expenses Earnings before interest and taxes 12,000 Taxes

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