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Mathematics, 18.03.2021 01:00 MileenaKitana

ayweather reports net income of $352,500 for the year ended December 31. It also reports $118,400 depreciation expense and a $12,850 loss on the sale of equipment. Its comparative balance sheet reveals a $51,600 increase in accounts receivable, a $13,050 decrease in prepaid expenses, a $19,950 increase in accounts payable, a $16,300 decrease in wages payable, a $95,900 increase in equipment, and a $128,500 decrease in notes payable. Calculate the net increase in cash for the year.

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ayweather reports net income of $352,500 for the year ended December 31. It also reports $118,400 de...
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