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Net income was $ 4 9 , 5 7 0 . Equipment ( cost $ 2 1 , 2 8 0 and accumulated depreciation $
Net income was $
Equipment cost $ and accumulated depreciation $ was sold for $
Depreciation expense was $ on the building and $ on equipment.
Patent amortization was $
Current assets other than cash increased by $ Current liabilities increased by $
An addition to the building was conypleted at a cost of $
A longterm investment in stock was purchased for $
Bonds payable of $ were issued.
Cash dividends of $ were declared and paid.
Treasury stock was purchased at a cost of $
a
b
Prepare a balance sheet at December Show only totals for current assets and current liabilities.List Property, Plant,
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