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Business, 24.06.2019 09:30 klbryant2001

Alvez reports net income of $327,500 for the year ended december 31. it also reports $105,400 depreciation expense and an $11,350 loss on the sale of equipment. its comparative balance sheet reveals a $45,600 increase in accounts receivable, an $11,550 decrease in prepaid expenses, a $17,450 increase in accounts payable, a $14,300 decrease in wages payable, an $84,900 increase in equipment, and a $113,500 decrease in notes payable. calculate the net increase in cash for the year.

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Alvez reports net income of $327,500 for the year ended december 31. it also reports $105,400 deprec...

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