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What amount should City Y report

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Question - What amount should City Y report in 20X2 for claims and judgement expenditures?

Current LIability @ 1/1/20X2 $100,000.

Claims Paid during 20x2 $800,000.

Current Liab at 12/31/20X2 $140,000.

Non-Current Liability @ 12/31/20X2 $200,000.

Reference no: EM132230416

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