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The net income reported on the income statement for the currentyear was $295,700. Depreciation recorded on equipment and abuilding amounted to $88,400 for the year.

The net income reported on the income statement for the currentyear was $295,700. Depreciation recorded on equipment and abuilding amounted to $88,400 for the year. Balances of the currentasset and 2 answers

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