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Tennison Corporation had the following transactions in its first year of operations: $1,840,000 68,000 1,280,000 Sales (80% collected in year) Bad debt write-offs Disbursements for

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Tennison Corporation had the following transactions in its first year of operations: $1,840,000 68,000 1,280,000 Sales (80% collected in year) Bad debt write-offs Disbursements for production costs and other expenses Disbursements for income taxes Purchases of fixed assets Depreciation of fixed assets Proceeds from issuance of common stock Proceeds from short-term borrowings Payments on short-term borrowings 98,000 480,000 88,000 580,000 108,000 58,000 What is the cash balance at year-end? Multiple Choice 2 02:00:21 $192,000. o $212,000 o $244,000 O $322,000

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