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The net income reported on the income statement for the current year was $ 2 6 1 , 0 5 3 . Depreciation recorded on

The net income reported on the income statement for the current year was $261,053. Depreciation recorded on fixed assets and amortization of patents for the year were $31,660, and $10,027, respectively. 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,$41,525,$66,875
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