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Question 1 25 pts Starworld Ltd presents the following data relating to the expected operations for the first two quarters of 2022. Cash received

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Question 1 25 pts Starworld Ltd presents the following data relating to the expected operations for the first two quarters of 2022. Cash received from sales 1st quarter 2nd quarter 154,000 105,000 Receipts from accounts receivable 85,700 120,500 Cash received from sale of old equipment 25,000 Credit sales 210,000 256,000 Payments for salaries and wages 36,500 37,000 Depreciation on equipment 25,000 21,000 Payments for lease 15,000 16,500 Curtin University

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