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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 $44,600 Common stock

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

Plant and equipment

$44,600

Common stock

15,000

Cash

7,300

Inventory

22,400

Bad debt reserve

6,000

Paid in excess

6,000

Accumulated depreciation

27,600

Accounts receivable

22,000

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