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After Reporting a Profit of $20,000 for the Year, a Certain

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After reporting a profit of $20,000 for the year, a certain company reported the following items on its balance sheet at December 31, 2013:
After reporting a profit of $20,000 for the year, a certain company reported the following items on its balance sheet at December 31, 2013: After reporting a profit of $20,000 for the year, a certain company reported the following items on its balance sheet at December 31, 2013:

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