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Required information [The following information applles to the questions alisplayed below.] A comparative balance sheet and income statement is shown for Cruz, Incorporated. 1. How

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Required information [The following information applles to the questions alisplayed below.] A comparative balance sheet and income statement is shown for Cruz, Incorporated. 1. How much cash is paid to acquire Inventory during year 2021 ? 2. How much cash is pald for operating expenses (excluding depreclation) during year 2021? Hint. Examine prepald expenses and wages payable

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