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Mason Corporation began the year with cash of $30,000 and a computer that cost$42,000. During the year, Mason reported net income of $55,000 and had

Mason Corporation began the year with cash of $30,000 and a computer that cost$42,000. During the year, Mason reported net income of $55,000 and had the followingexpenses: salaries, $58,000; rent, $6,...

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