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Norbury Corporation's net income last year was $ 4 4 , 0 0 0 . The company did not sell or retire any property, plant,

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Norbury Corporation's net income last year was $44,000. The company did not sell or retire any property, plant, and equipment last year. Changes in selected balance sheet accounts for the year appear below:
\table[[,\table[[Increases],[(Decreaes)]]],[Asset and Contra-Asset Accounts:],[Accounts receivable,$17,500
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