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The net income reported on the income statement for the current year was $ 2 9 8 , 9 7 7 . Depreciation recorded on

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The net income reported on the income statement for the current year was $298,977. Depreciation recorded on fixed assets and amortization of patents for the year were $40,036 and $9,132, resoectively. Balances of current asset and current liability accounts at the end and at the beginning of the year are as follows:
\table[[,End,Beginning],[Cash,$48,026,$58,883
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