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What was the company cash balance at the end of year two

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Question - A company has $210,000 of net income for Year 2. The business recorded $80,000 of depreciation during Year 2. Between Year 1 and Year 2, accounts receivable increased by 3,000 and inventory increased by $6,000. Accounts payable decreased by $1,000. If the company started Year 2 with $30,000, what was the company's cash balance at the end of Year 2?

Reference no: EM133149260

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