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Problem 3-? The statement of financial position of Cindy Company on December 311 201? contained the following data: Cash. including sinking fund of $50,000 with

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Problem 3-? The statement of financial position of Cindy Company on December 311 201? contained the following data: Cash. including sinking fund of $50,000 with trustee Accounts receivable Inventory. including $20,000 cost of goods in transit purchased FCIIB point of destination. The goods are received Jan. 5. 2010 The balance of accounts receivable disclosed the following: Trade accounts Advances to employees Equity in $125,000 of accounts receivable assigned Sales price of goods invoiced to customers at 40% profit on sales on December 20. 201? but delivered on January 3. 2010. and not included in reported inventory Required: What is the correct amount of current assets on December 31, 201?? $ 150.000 300.000 200.0(1) BEDIDD 250.1110 1o.ooo 5.0210 35.1110 300.000

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