Calculation of current assets total assets amp net

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Calculation of Current Assets, Total Assets & Net Income.

Calculate
1) Current Assets
2) Total Assets
3) Net Income based on the number listed below.
Be sure to clearly label your answer and show all work

Cash

10,000

Accounts payable

20,000

Land

100,000

Common Stock

500,000

Merchandise Inventory

75,000

Sales

150,000

Rent Expense

25,000

Salaries Expense

35,000

Reference no: EM13356188

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