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The following selected data pertain to Flagship Corporation: Cash operating expenses July 1-31 Depreciation Merchandise purchases in July Estimated payments in July for June purchases

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The following selected data pertain to Flagship Corporation: Cash operating expenses July 1-31 Depreciation Merchandise purchases in July Estimated payments in July for June purchases Estimated payments in July for purchases prior to June Estimated payments in July for purchases in July $184,000 64,000 564,000 224,000 54,000 30% July's cash disbursements are expected to be $353.200 5417200 $631200 5695 200 None of the wens correct

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