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Mr. Paul also had cash sales during the year amounting to $1,230,000, cash purchases amounting to $953,000, discounts allowed for $23,000, and discounts received for $14,500. In light of this information, how much was Mr. Paul’s capital one year later, on April 1, 2020?
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Mr. Paul also had cash sales during the year amounting to $1,230,000, cash purchases amounting to $9...
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