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Net Income (in unit dollars, two decimal places, use standard accounting rounding): After completing Part C of the term project you have the following:
Net Income (in unit dollars, two decimal places, use standard accounting rounding): After completing Part C of the term project you have the following: Revenue CGS Costs 100,000.00 15,000.00 45,000.00 Depreciation 15,000 Salaries 30,000 Net Income 40,000.00 Cash Assets 110,000.00 20,000.00 100,000.00 Equipment AD Equipment (10,000.00) Liabilities 70,000.00 Salaries Payable 70,000.00 40,000.00 Net Income Total Liabilities + OE 110,000.00 Answer:
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