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The cash needed for the year is reduced by 304, 101 (304,929 - 310,828), while reducing the bank account balance at the end of the

The cash needed for the year is reduced by 304, 101 (304,929 - 310,828), while reducing the bank account balance at the end of the year by $2,115 ($226,769 - $224,654). See Excel Problem 14-07.xlex for complete calculations and changes

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