Question: Partial financial statements for 2 0 2 3 and 2 0 2 4 for Bramble Company are given below: ? b e g i n

Partial financial statements for 2023 and 2024 for Bramble Company are given below: ?begin{tabular}{|l|l|l|l|}?hlinelticolumn{4}{|c|}{Balance Sheet December 31,2023}????hline Assets & lticolumn{3}{|c|}{Liabilities??& Equity}????hline Cash & ??$1008000 & Accounts payable & ??$478800????hline Accounts receivable & 907200 & &????hline Buildings and equipment & 3780000 & &????hline Accumulated depreciationbuildings and equipment & (1260000) & Common stock & 2898000????hline ltirow[t]{2}{*}{Patents} & 453600 & ltirow[t]{2}{*}{Retained earnings} & 1512000????hline & ??$4888800 & & ??$4888800????hline ?end{tabular} Statement of Cash Flows For the Year Ended December 31,2024 Increase (Decrease)in Cash Cash flows from operating activities Net income ??$1260000 Adjustments to reconcile net income to net cash provided by operating activities: Increase in accounts receivable ??$(403200) Increase in accounts payable 201600 Depreciation-buildings and equipment 378000
Total assets on the balance sheet at December 31,2024 are $6980400. Accumulated depreciation on the equipment sold was Total assets on the balance sheet at December 31,2024 are $6980400. Accumulated depreciation on the equipment sold was
$352800.
The accounts payable balance reported on the December 31,2024 balance sheet was
$201600.
$277200.
$680400.
$932400.
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Partial financial statements for 2 0 2 3 and 2 0

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