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1.2.3.4. Anew Health Care Company reports net income of $200,000 and Depreciation Expense...

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Accounting

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Anew Health Care Company reports net income of $200,000 and Depreciation Expense of $15,000 for the year ending December 31, 2015. No long-term assets were sold or exchanged during 2015. They also have the following data available: December 31 December 31, 2015 2014 Current Assets Cash Accounts Receivable Inventory Total Current Assets $25,000 $158,000 $95,000 $278,000 $84,000 96,000 66,000 $246,000

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