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Use total income for net sales use total equity for total owners equity use variable cost of sales as costs of goods sold use inventory

image text in transcribedUse total income for net sales

use total equity for total owners equity

use variable cost of sales as costs of goods sold

use inventory for ending inventory image text in transcribed

L.1.:1.:1? Exhibit 1 Sugar Bowl Balance Sheet L.1.:1.:1? Exhibit 1 Sugar Bowl Balance Sheet

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