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Selected accounts from the year - to - date financial statements for Garcia Company and its wholly owned subsidiary, Cornwall Ltd . , were follows:

Selected accounts from the year-to-date financial statements for Garcia Company and its wholly owned subsidiary, Cornwall Ltd., were follows: New Transaction - Garcia had a cash sale of \(\$ 500\) to Cornwall at its regular gross margin of \(40\%\) of sales and accrued income tax at its tax rate of \(30\%\) : This was the only intercompany transaction this year. Required: Determine the account balance for each account on the three financial statements after the new transaction is recorded. (Input all amounts as positive values. Omit \$ sign in your response.)

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