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The data in the table below come from the XYZ Company financial statements for 2019...

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Finance

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The data in the table below come from the XYZ Company financial statements for 2019 and 20:20 all amounts are in dollars). The balance sheet accounts listed in the table are the only items on the company's balance sheet for each year and the income statement accounts are the only items on the company's income statement for each year. Using this data, net income in 2020 was $ Accounts payable Accounts receivable Accruals Additional paid in capital Cash Common Stock COGS Depreciaion expense Interest expense inventores Long-term debt Net foxed assets Notes payable Operating expenses lexd. depr.) Retained eamings Sales Taxes 2019 2020 17,200 16,600 17.900 272 10420 11,420 18000 19,400 25.200 23,420 4.000 5,000 75,820 82.960 5000 8,800 19.000 12,000 10,390 10,780 15.120 16,900 104,850 123,840 8.800 7,800 46.980 51,480 84,800 96,400 161,000 179,600 6,600 8,200 1) 15.960 inventones Long-term debt Net fixed assets Notes payable Operating expenses (excl. depr.) Retained earings Sales Taces 10.390 15. 120 104,850 8800 46.980 84.800 161,000 6,600 10, 16,9 123, 7,80 51,48 96,40 179,60 8,200 1) 15.960 2) 16,260 3) 16,360 4) 16,160

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