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The following information is taken from the 2020 annual report of Bramble, Inc. Bramble's fiscal year ends December 31 of each year. Bramble's December
The following information is taken from the 2020 annual report of Bramble, Inc. Bramble's fiscal year ends December 31 of each year. Bramble's December 31, 2020, balance sheet is as follows. Assets Cash Bramble, Inc. Balance Sheet December 31, 2020 $440 Inventory 1,870 Total current assets 2,310 Plant and equipment 2,200 Accumulated depreciation (176) Total assets 4,334
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