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

The net income reported on the income statement for the current year was $210,000. Depreciation recorded on equipment and a building amount to $62,500 for the year. Balances of the current asset and current liabilities accounts at the beginning and end of the year are as follows:
\table[[,End of Year,Beginning of Year],[Cash,$56,000,$59,50
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