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The current sections of Sheridan Inc.'s balance sheets at December 31,2021 and 2022, are presented...

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Accounting

The current sections of Sheridan Inc.'s balance sheets at December 31,2021 and 2022, are presented here.
Sheridan's net income for 2022 was $150,900. Depreciation expense was $23,200.
\table[[,2022,2021],[Current assets],[Cash,$107,500,$102,500
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