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The following financial information is available for Ligutti Company: Additional information: Net income for 20 times 5 was $40,000. No buildings were sold during 20

The following financial information is available for Ligutti Company: Additional information: Net income for 20 times 5 was $40,000. No buildings were sold during 20 times 5. All building purchases made during 20 times 5 were made withcash

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