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The net income reported on the income statement for the current year was $ 3 1 0 , 0 0 0 . Depreciation recorded on

The net income reported on the income statement for the current year was $310,000. Depreciation recorded on fixed assets and amortization of patents for the year were $40,000 and $9,000, respectively. Balances of current asset and current liability accounts at the end and at the beginning of the year are as follows:
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