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Use T-accounts to record the transactions below, which occur on March 12, 2023, close the T-accounts, and construct a balance sheet to answer the question.

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Use T-accounts to record the transactions below, which occur on March 12, 2023, close the T-accounts, and construct a balance sheet to answer the question. 1. Consume good or service and pay expense of $3,000 2. Sell product for $20,000 in cash with historical cost of $16,000 3. Sell, deliver, and receive payment of $35,000 for service What is the final amount in Total Assets

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