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Use the following information on end of year account balances (as of December 31, 2015) for Warren Clinic to construct its balance sheet, keeping in

Use the following information on end of year account balances (as of December 31, 2015) for Warren Clinic to construct its balance sheet, keeping in mind the accounting identity (assets = liabilities + equity):

Accounts Payable $20,000

Accounts Receivables (net) $60,000

Cash $30,000 Equity $230,000

Long-term debt $120,000

Long-term investments $100,000

Net property and equipment $150,000

Other assets $40,000

Other long-term liabilities $10,000

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