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! Required information (The following information applies to the questions displayed below.) Assume you are the president of High Power Corporation. At the end of

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! Required information (The following information applies to the questions displayed below.) Assume you are the president of High Power Corporation. At the end of the first year of operations (December 31), the following financial data for the company are available: Accounts Payable Accounts Receivable Cash Common Stock Dividends Equipment Notes Payable Operating Expenses Other Expenses Sales Revenue Supplies $33,000 10,900 14,200 59,990 2,040 88,000 1,690 59,300 7,940 93,600 5,900 2-a. By how much did cash increase (decrease)? Increase in Cash

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