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Use the starting balance sheet and statement of cash flows to answer the question Hopewell Corporation Balance Sheet As of December 31, 2017 (amounts in

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Use the starting balance sheet and statement of cash flows to answer the question Hopewell Corporation Balance Sheet As of December 31, 2017 (amounts in thousands) Cash 125,000 Accounts Payable 24,000 37,000 30,000 91,000 56,000 239,000 295,000 386,000 Accounts Receivable 36,000 Debt 52,000 Other Liabilities 226,000 Total Liabilities 59,000 Paid-In Capital 167,000 Retained Earnings 6,000 Total Equity Inventory Property Plant & Equipment, Gross Accumulated Depreciation Property Plant & Equipment, Net Other Assets Total Assets 386,000 Total Liabilities & Equity

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