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SS nciai Accounting, 8e Help I System Announcements Question 1 Suppose the following items were taken from the 2017 financial statements of Coronado Industries. (All

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SS nciai Accounting, 8e Help I System Announcements Question 1 Suppose the following items were taken from the 2017 financial statements of Coronado Industries. (All dollars are in millions. Common stock Prepaid rent $3,320 Accumulated depreciation- $3,320 1,520 2,320 770 6,285 1,700 1,290 equipment 165 Accounts payable 6,130 Patents Equipment Stock investments (long- term) Debt investments (short- term) Income taxes payable Cash 610 Notes payable (long-term) 1,920 Retained earnings 180 Accounts receivable 1,260 Inventory

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