Question: Current Year Prior Year Cash $ 8,000 $ 8,800 Accounts receivable 55,000 19,200 Equipment, net 46,000 41,600 Land 92,500 67,000 Total assets $ 201,500 $

Current Year Prior Year Cash $ 8,000 $ 8,800 Accounts receivable 55,000 19,200 Equipment, net 46,000 41,600 Land 92,500 67,000 Total assets $ 201,500 $ 136,600

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