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Please help me Desert Company reported the following account balances at the end of the 1st quarter: Prepaid Expenses* $4,000 Patents $28,000 PPE (net) $400,000

Please help me Desert Company reported the following account balances at the end of the 1st quarter: Prepaid Expenses* $4,000 Patents $28,000 PPE (net) $400,000 Cash $31,000 Trading Securities $12,000...

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