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Sales for 2013 are projected to be $60, 000; the firm currently uses straight line depreciation. No new equipment purchases are planned for 2013. There

Sales for 2013 are projected to be $60, 000; the firm currently uses straight line depreciation. No new equipment purchases are planned for 2013. There will be a 10% earnings distribution for 2013. Notes Payable will be paid off at the end of 2012

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