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The Sheridan Company at December 31 has the following account balances. THE SHERIDAN COMPANY Item Cash + Noncash Assets Liabilities + Ho, Capital +

The Sheridan Company at December 31 has the following account balances. THE SHERIDAN COMPANY Item Cash + Noncash Assets Liabilities + Ho, Capital + Li, Capital Balances before liquidation $16,500 $121,000 $66,000 $44,000 $27,500

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