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Use these financial statements to answer the question.

Use the attached financial statement to answer the below question

What is the amount of the non-cash expenses?

a. 100
b. 2510
c. 2885
d. 3510

Use these financial statements to answer the question. Balance Sheet 2006 2007 2006 2007 Cash $ 1,400 $ 2,300 Accounts payable $ 5,300 $ 4,700 Accounts receivable 4,100 4,300 Long-term debt 12,800 9,400 Inventory 8,400 7,600 Common stock 7,500 10,000 Net fixed assets 17,600 19,100 Retained earnings 5,900 9,200 Total assets $31,500 $33,300 Total liabilities and equity $31,500 $33,300 Income Statement Net Sales $32,700 Costs 20,705 Depreciation 2,510 EBIT 9,485 Interest 1,000 Taxable income 8,485 Taxes 2,885 Net Income $ 5,600  
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Finance- 8196896.doc

Use these financial statements to answer the question. Balance Sheet
2006 2007 Cash
4,700 $ 1,400 $ 2,300 Accounts receivable
9,400 4,100 4,300 2006 2007 Inventory
10,000
Net fixed assets
9,200...

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