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please show work 1. Daymar Caf had the following assets: Machinery, $7,450; Cash, $1,300; Land, $11,500; Prepaid Expenses, $3,150; Accounts Receivable, $2,750; Inventory $5,500; and

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1. Daymar Caf had the following assets: Machinery, $7,450; Cash, $1,300; Land, $11,500; Prepaid Expenses, $3,150; Accounts Receivable, $2,750; Inventory $5,500; and a building, $13,000. At year-end, on June 30, 2019, Lara Middleton's capital account had a balance of $8.750. The company's only liabilities are: Long-Term Debt, $22,500; Accounts Payable, $5,950; and Accrued Expenses, $7.450. Prepare the company's balance sheet, distinguishing between current and long-term assets and liabilities

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