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The following items are components of a traditional balance sheet. How much are the total assets of the firm? Plant and equipment $41,200 Common Stock

The following items are components of a traditional balance sheet. How much are the total assets of the firm?

Plant and equipment $41,200

Common Stock $15,000

Cash $5,900

Inventory $21,000

Bad Debt Reserve $6,000

Additional paid in capital $6,000

Accumulated depreciation $27,800

Accounts Receivable $22,000

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