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Balance Sheet
ASSETS
Current Assets
$125,000
Fixed Assets
$350,000
Investments
$75,000
Total Assets
$550,000
LIABILITIES
Accounts Payable
$85,000
Loans Payable
$200,000
Total Liabilities
$285,000
EQUITY
Retained Earnings
$265,000
Total Liabilities & Equity
$550,000
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