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The following information is available for Oscar Corporation for the year ended December 31, 2012.
Beginning cash balance .................$ 45,000Accounts payable decrease ................3,700Depreciation expense ..................162,000Accounts receivable increase ...............8,200Inventory increase ..................11,000Net income .....................284,100Cash received for sale of land at book value ..........35,000Cash dividends paid ..................12,000Income taxes payable increase ...............4,700Cash used to purchase building .............289,000Cash used to purchase treasury stock ............26,000Cash received from issuing bonds ...........200,000
Instructions
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