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Taser Corporation's recent comparative balance sheet and income statement follow.Balance Sheets, December 31 Prior Year...

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Accounting

Taser Corporation's recent comparative balance sheet and income statement follow.Balance Sheets, December 31 Prior Year Current YearAssetsCash and cash equivalents$70,200$114,840Accounts receivable (net)|122,400122,400Merchandise inventory280,800306,000Investments, long-term36,000Plant assets606,600649,800Accumulated depreciation(158,400)(122,400)
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