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Random items from the Smyth Company Balance Sheet for December 31, 2005 are given below. Use these items to reconstruct the balance sheet and solve
Random items from the Smyth Company Balance Sheet for December 31, 2005 are given below. Use these items to reconstruct the balance sheet and solve for the amount of CASH shown on the Smyth Balance Sheet.
Long-term debt (excluding current portion) = 575
Current portion of long-term debt = 68
Net fixed assets = 857
Inventories = 238
Retained earnings = 207
Accruals = 134
Accumulated depreciation = 89
Common stock ($0.02 par value) = 386
Additional paid in capital = 103
Accounts receivable = 360
Notes payable = 177
Accounts payable = 180
CASH = ???
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