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The following information relates to the Acme Corporation for the year ending December 31, 2019. Net Income Depreciation Expense Amortization of Intangible Assets Loss on

The following information relates to the Acme Corporation for the year ending December 31, 2019. Net Income Depreciation Expense Amortization of Intangible Assets Loss on sale of long term assets Beginning Accounts Receivable Ending Accounts Receivable 500,000 60,000 15,000 5,000 450,000 430,000

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