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The fiscal year for the Wagner Dance Academy, a not-for-profitorganization, begins on January 1. On the first day of FY 2011, theWagner Dance Academy purchased

The fiscal year for the Wagner Dance Academy, a not-for-profitorganization, begins on January 1. On the first day of FY 2011, theWagner Dance Academy purchased new lighting equipment for $400,000.T 2 answers

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