Question: Prior Year Current Year ??? ??? Category Accounts payable Accounts receivable Accruals $20,715 397,400 40,500 33,750 Additional paid in capital 500,000 541,650 Cash Common Stock
Prior Year Current Year ??? ??? Category Accounts payable Accounts receivable Accruals $20,715 397,400 40,500 33,750 Additional paid in capital 500,000 541,650 Cash Common Stock COGS Current portion long-term debt Depreciation expense Interest expense Inventories 17,500 47,500 94,000 105,000 328,500 431,923.00 33,750 35,000 54,000 55,538.00 40,500 41,497.00 279,000 288,000 335,273.00 401,512.00 946,535 999,000 148,500 162,000 126,000 161,445,00 306,000 342,000 639,000 849,091.00 24,750 48,771.00 Long-term debt Net fixed assets Notes payable Operating expenses (excl. depr.) Retained earnings Sales Taxes What is the firm's net income for the current year? Submit Answer format: Number: Round to: O decimal places
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