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The comparative statements of Dillon Company are presented below. Additional data: The common stock recently sold at $19.50 per share. The year-end balance in the

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The comparative statements of Dillon Company are presented below. Additional data: The common stock recently sold at $19.50 per share. The year-end balance in the allowance for doubtful accounts was $3,000 for 2009 and $2,400 for 2008

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