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Update the balance sheet above to reflect the transactions below, which occur on January 6, 2023 1. Purchase equipment for $50,000 in cash 2. Borrow
Update the balance sheet above to reflect the transactions below, which occur on January 6, 2023 1. Purchase equipment for $50,000 in cash 2. Borrow $67,000 from a bank 3. Issue $80,000 in stock 4. Buy $16,000 worth of manufacturing supplies on credit 5. Pay $7,000 owed to a supplier 6. Receive payment of $10,000 owed by a customer 7. Purchase equipment for $48,000 in cash What is the final amount in Inventory
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