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Using the information above, what is Cash Paid for Inventory Year 3? Please enter a negative number for cash paid. How do you do this
Using the information above, what is Cash Paid for Inventory Year 3? Please enter a negative number for cash paid.
How do you do this problem?
DAOU E E Accounting 2037 Qu Search in Document @ Home Insert Design Layout References Mailings Review View Acrobat 9+ Share A Calibri (Body A. A Aa Bbc dee 12 A- A mbe Xxx' A AaBbcode Na Swing . A , Paste AaBbccDc : AaB5CcDde AaBb AaBbccodec AOBUCCDdae Healing Heading 2 Tile Suatillo Sub Empl.. Normal AoBbc Dalee 1 Empi Styles Pance Check for Updates Office Update To keep up-to-date with security updates, fixes, and improvements, choose Chack for Updates ACCOUNTING 2037 Balance Sheet Year 1 Year 2 Year 3 Assets Cash Supplies Accounts Receivable Inventory Building Accumulated Derecation Book Value of Building Investments Total Assets 22,000 5,000 25,000 17,000 80,000 25,000 60,000 10,000 139,000 40,000 2,000 40,000 8,000 100,000 30,00 70,000 1,000 151,000 50,000 10,000 55,000 35,000 14,000 100,000 10,000 250,000 16.000 Liabilities Accounts Payable Notes Payable Interest Payable Total Liabilities 40,000 100,000 10,000 80,000 9,000 99,000 16,000 140,000 Qevers Equity Retained Earnings Stock Total Owners Cquity 30,000 10,000 40.000 75,000 70,000 145,000 50,000 70,000 120,000 Total Liabilities & Owners Equity Equity 139,000 161,000 260,000 Income Statement Revenues COGS Grass Profit Supplies Expense Deprecation Expense Interest Expanse Marketing Expense Net Income Year 2 110,000 25,000 85,000 6,000 Year 175,000 35,000 90,000 5.000 5,000 2.000 1,000 77.000 5.000 1,000 2,000 71,000 Using the information above, what & Cash Paid far Inventory Year 3? Please enter a negative number for cash paid. -38,000 Pagn 6 of 12 1957 words English (United States) ---100%Step by Step Solution
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