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On December 3 1 of the current year, property taxes on land owned during the current year were estimated at $ 1 , 3 4

On December 31 of the current year, property taxes on land owned during the current year were estimated at $1,340. The taxes have not been recorded and will be paid in the next year when billed. find the assets, liabilites, stockholders equity, revenue, expenses, and net income.

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