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Please help. Connect X Course Hero X Google Answers: Accounting pro X + X ( ) https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Flearn.liberty.edu%252Fweba... APerformance EMail Lu Liberty Home Bb Blackboard .

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Connect X Course Hero X Google Answers: Accounting pro X + X ( ) https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Flearn.liberty.edu%252Fweba... APerformance EMail Lu Liberty Home Bb Blackboard . College EMail in Linkedin ; Indeed Thrift Savings Plan G Google Other favorites Quiz 1 i Saved Help Save & Exit Submit Alpaca Corporation had revenues of $265,000 in its first year of operations. The company has not collected on $19,200 of its sales and still owes $27,300 on 9 $97,500 of merchandise it purchased. The company had no inventory on hand at the end of the year. The company paid $13,000 in salaries. Owners invested $15,500 in the business and $15,500 was borrowed on a five-year note. The company paid $4,100 in interest that was the amount owed for the year, and paid $8,100 for a two-year insurance policy on the first day of business. Alpaca has an effective income tax rate of 40%. (Assume taxes are paid in the same year). 3.33 Compute the cash balance at the end of the first year for Alpaca Corporation. points 01:40:23 Multiple Choice O $154,838 O $122,860 O $143,838 :......... $175,838 Mc Graw Hill ducation Type here to search S 19:44 12/09/2020

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