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The following items and amounts were taken from Coronado Industries's 2022 income statement and balance sheet, the end of its first year of operations.
The following items and amounts were taken from Coronado Industries's 2022 income statement and balance sheet, the end of its first year of operations. Interest expense $2,860 Interest payable 910 Notes payable 15,340 Sales revenue 57,590 Cash 3,770 Salaries and wages expense 20,280 Equipment, net 71.110 Depreciation expense 4,160 Supplies 5,330 Common stock 34,840 Windows Buy Supplies expense 1.170
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