For the most recent year, Camargo, Inc., had sales of $546,000, cost of goods sold of $244,410, depreciation expense of $61,900, and additions to retained earnings of $74,300.
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The following accounts and balances were drawn from the records of Carolina Company on December 31, 2016: Cash $ 4,000 Accounts receivable $ 3,400 Dividends 2,000 Common stock 3,900 Land 3,200 Revenue 3,200 Accounts payable 1,800 Expense 2,200 The
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