(36:10:! M m Accomts payabie 300 I 50 Accomts receivable 900 825 Accuais 450 300 Cash 1,500 1′? Cormon Stock 1,200 1,500 COGS 1,050 1,100

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tCf from operating, investing, and financing activies plus depreciation expense

(36:10:! M mAccomts payabie 300 I" 50Accomts receivable 900 825Accuais 450 300Cash 1,500 1’?Cormon Stock 1,200 1,500COGS 1,050 1,100Depreciation expense ‘3? 1"?Gross fixed assets 2,250 2,?00Interest expense 120 150Invented es 350 1,125Long—{Hm debt 1,500 1,65 0Net fixed assets 1,8?5 2,250Notes payable 825 690Operating expenses (excl. depr.) 225 300Retained earnings 3150 850Sales 1,950 2,25 0Taxes 90 120

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