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[ The following information applies to the questions displayed below. ] Simon Company's year - end balance sheets follow. The company's income statements for the

[The following information applies to the questions displayed below.]
Simon Company's year-end balance sheets follow.
The company's income statements for the Current Year and 1 Year Ago, follow.
\table[[For Year Ended December 31,{
\table[[Current Yr],[$622,586
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