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The adjusted trial balance for Jenson, Inc., at December 31, 2020 is presented below: Account Debit Credit Cash Accounts Receivables Inventory Prepaid Rent Office Equipment

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The adjusted trial balance for Jenson, Inc., at December 31, 2020 is presented below: Account Debit Credit Cash Accounts Receivables Inventory Prepaid Rent Office Equipment Accumulated Depreciation Office Equipment 21,000 300,000 50,000 10,000 600,000 250,000 60,000 Accounts Payable Salaries Payable Interest payable Notes Payable (Due in six months) 8,000 2,000 60,000 Common Stock Retained Earnings 400,000 100,000 800,000 Sales Revenue Cost of Goods Sold Salaries Expense Depreciation Expense Rent Expense 480,000 120,000 60.000 30,000 Interest Expense 4,000 Advertising Expenses 5,000 Total 1,680,000 1,680,000 Please provide the following amounts: Gross Profit for the year ended December 31, 2020 Net income for the year ended December 31, 2020 Total current assets at December 31, 2020 Total assets at December 31, 2020 Total current liabilities at December 31, 2020 Total liabilities at December 31, 2020 Total stockholders equity at December 31, 2020

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