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needed in 11 mins i will rate your answer ourses.myhbx.org/student/concept Financial Accounting Exam: Fin UU: 7:01 A company's financial records included the following balances: Jan.
needed in 11 mins i will rate your answer
ourses.myhbx.org/student/concept Financial Accounting Exam: Fin UU: 7:01 A company's financial records included the following balances: Jan. 1 Dec. 31 $85,000 $100,000 Accounts Receivable $110,000 $100.000 Inventory $65,000 $50,000 Prepaid Expenses Accounts Payable $50,000 $70,000 Wages Payable $95,000 $90,000 Deferred Revenue $30,000 $45,000 The company's net cash from operating activities on its 2019 statement of cash flows is $330,000. The depreciation recorded on the income statement for 2019 is $10,000. What amount would the company report as net income for 2019? O $250,000 0 $280,000 $290,000 O $320 000Step by Step Solution
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